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SALE OF COMMON STOCK
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
SALE OF COMMON STOCK
SALE OF COMMON STOCK
In February 2018, the Company entered into a Securities Purchase Agreement with an investor pursuant to which the Company, in a private placement, issued and sold to the investor 9.5 million shares of the Company’s common stock at a price per share of $2.10, for gross proceeds of $20.0 million.
In January 2017, the Company completed a private placement of securities that resulted in the issuance of approximately 10.8 million shares of common stock and gross proceeds of $10.0 million.