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Common Stock Warrant Liabilities (Tables)
12 Months Ended
Dec. 31, 2019
Warrants and Rights Note Disclosure [Abstract]  
Convertible Common Stock Warrant Liabilities
The fair value of the warrants as of May 17, 2019 was estimated using the following assumptions:
 
 
Series B
 
Series C
 
Series D
 
Series F
 
Total
Fair value (in thousands)
 
$
1,818

 
$
792

 
$
668

 
$
2,387

 
$
5,665

Expected remaining term (in years)
 
4.46

 
5.47

 
7.21

 
9.62

 
 
Risk-free interest rate
 
2.17
%
 
2.20
%
 
2.27
%
 
2.37
%
 
 
Expected volatility
 
39.0
%
 
39.3
%
 
40.2
%
 
42.4
%
 
 
Dividend yield
 

 

 

 

 
 
The fair value of the warrants as of December 31, 2018 was estimated using the following assumptions:
 
 
Series B
 
Series C
 
Series D
 
Series F
 
Total
Fair value (in thousands)
 
$
857

 
$
407

 
$
358

 
$
1,639

 
$
3,261

Expected remaining term (in years)
 
4.84

 
5.84

 
7.59

 
10.00

 
 
Risk-free interest rate
 
2.62
%
 
2.62
%
 
2.62
%
 
2.80
%
 
 
Expected volatility
 
50.0
%
 
50.0
%
 
50.0
%
 
50.0
%
 
 
Dividend yield