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Subsequent Events
12 Months Ended
Dec. 31, 2020
Subsequent Events [Abstract]  
Subsequent Events

13. Subsequent Events

At the Market Offering Program

In January and February 2021, the Company sold 197,949 shares for proceeds net of discounts and offering costs of $1.6 million under the Equity Distribution Agreement.

Related party transaction

On February 12, 2021, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”), with Eshelman Ventures relating to the issuance and sale (the “Offering”) of 2,875,000 shares of the Company’s common stock at a price per share of $7.29.  The Offering closed on February 18, 2021 and the Company received aggregate gross proceeds from the Offering of approximately $21.0 million. Eshelman Ventures is an entity wholly owned by the Company’s chairman of the board.