XML 47 R28.htm IDEA: XBRL DOCUMENT v3.20.4
Equity (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Equity [Abstract]    
Schedule of Convertible Preferred Shares
As of September 30, 2020, the number of preferred shares and the amount each class is convertible into is below:

 

    Number of
Preferred Stock
    Number of
underlying
Common stock
 
Series B Convertible Preferred Stock     17,303       2,220,552 *
Series C Convertible Preferred Stock     2,343       33,322  
Total             2,253,874  

 

* Including the shares of common stock the holders of Series B Convertible Preferred Stock are entitled to receive as cumulative dividends at the rate per share of 15% per annum of the stated value for five years, payable in cash or common stock, at the Company’s discretion, but excluding effect of future conversion price adjustment, if any.

As of December 31, 2019, the Number of Preferred shares the amount each class is convertible into is below:

 

    Number of Preferred Stock     Number of underlying Common stock  
Series B Convertible Preferred Stock     17,303       555,138 *
Series C Convertible Preferred Stock     34,370       122,204  
Total             677,342  

 

* Including the shares of common stock the holders of Series B Convertible Preferred Stock are entitled to receive as cumulative dividends at the rate per share of 15% per annum of the stated value for five years, payable in cash or common stock, at the Company’s discretion, but excluding effect of future conversion price adjustment, if any.

Schedule of Warrants Outstanding Activity

As of September 30, 2020, the Company has outstanding warrants to purchase an aggregate of 26,705,502 shares of common stock as follows:

 

    Number of
underlying
Common
stock
    Weighted
average
exercise price
 
Series A Warrants     1,107     $ 8,750.00  
Series B Warrants     2,448     $ 3,500.00  
Series D Warrants     766,698     $ 15.00  
Series E Warrants     2,972,221     $ 1.80  
Series F Warrants     22,688,900     $ 0.50  
Underwriter Warrants     274,029     $ 0.50  
Other warrants     99     $ 21,993.00  
                 
Total Warrants     26,705,502     $ 1.82  

As of December 31, 2019, the Company has outstanding warrants to purchase an aggregate of 4,016,817 shares of common stock as follows:

 

    Number of
underlying
Common stock
    Weighted
average
exercise price
 
Series A Warrants     1,102     $ 8,750.00  
Series B Warrants     2,448     $ 3,500.00  
Series D Warrants     806,698     $ 15.19  
Series E Warrants     2,972,221     $ 1.80  
April 2019 Underwriter Warrants     34,955     $ 6.25  
September 2019 Underwriter Warrants     194,444     $ 2.25  
Other warrants     4,949     $ 11,258.00  
                 
Total Warrants     4,016,817     $ 22.95  

Schedule of Stock Options Granted  
  The following table summarizes information about stock options granted to employees:

 

    Year ended December 31  
    2019     2018  
    Number of options    

Weighted

average

exercise price

    Number of options    

Weighted

average

exercise price

 
Outstanding - beginning of period     164     $ 184,656       220     $ 247,835  
Granted     -                          
Forfeited     (4 )     4,423       (56 )     432,861  
Exercised     -       -                  
Outstanding -end of period     160     $ 189,162       164     $ 184,656  
Exercisable at the end of the period     160     $ 189,162       139     $ 216,819  

 

  The following table summarizes information about stock options granted to non-employees:

 

    Year ended December 31  
    2019     2018  
    Number of options     Weighted average exercise price     Number of options     Weighted average exercise price  
Outstanding - beginning of period     20     $ 1,693,174       24     $ 1,542,073  
Granted     -       -       -       -  
Forfeited     (4 )     1,617,338       (4 )     786,556  
Exercised     -       -       -       -  
Outstanding - end of period     16       1,711,975       20     $ 1,693,174  
Exercisable at the end of the period     16       1,711,975       18     $ 1,689,533  
Schedule of Information About Restricted Shares to Employees  
  The following table summarizes information about restricted stock granted to employees:

 

    Year ended December 31  
    2019     2018  
    Number of restricted stock  
Outstanding - beginning of period     19       48  
Reverse Split Adjustments     (127 )     0  
Granted     70,582       0  
Forfeited     (838 )     (8 )
Vested     (5 )     (21 )
Outstanding - end of period     69,631       19  

Schedule of Warrants and Options Outstanding and Exercisable  
  The following table provides additional information about all options outstanding and exercisable:

 

    Outstanding as of December 31, 2019  

Exercise

price

  Options outstanding     Weighted average remaining contractual life (years)     Options exercisable  
$0     2       2.40       2  
$175 and above     174       5.89       174  
      176       5.85       176  

Schedule of Allocation of Total Share-based Compensation Expense  
The following table summarizes the allocation of total share-based compensation expense in the consolidated statements of operations:

 

    Year ended December 31  
    2019     2018  
    ($ in thousands)  
Cost of revenues   $ 14     $ 4  
Research and development     10       -  
Sales and marketing     29       6  
General and administrative     272       60  
    $ 325     $ 70