XML 49 R31.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Stockholders' equity (Tables)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Schedule of Grant Date Fair Value of Warrant, Valuation Assumptions
The grant date fair value of the warrants issued in connection with the Pharmakon Senior Secured Notes was estimated at the time of grant using the Black-Scholes option-pricing model using the following weighted average assumptions:
Risk free interest rate1.67 %
Expected term (in years)3
Expected volatility65.10 %
Annual dividend yield0.00 %
Fair value of common stock$6.72  
Schedule of Warrants
As of December 31, 2019, the Company had the following warrants outstanding to purchase shares of Common Stock:
Number of SharesExercise Price Per ShareExpiration Date
1,866,831  $8.16November 1, 2020
810,357  $6.72September 12, 2022