Stockholder's Equity (Tables)

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Schedule of Warrants Issued and Outstanding

Warrants issued and outstanding as of September 30, 2020 are as follows:

	Warrants Outstanding
	Number of warrants		Exercise Price		Expiration
Common stock warrants		179,558	$	1.67	4/28/2026 - 3/30/2027
Total outstanding warrants		179,558

Warrants issued and outstanding as of December 31, 2019 were as follows:

	Warrants Outstanding
	Number of warrants		Exercise Price		Expiration
Common stock warrants		27,810	$	0.14	10/19/2025
Series A preferred stock warrants		77,030	$	1.43	12/10/2021
Series B preferred stock warrants		179,558	$	1.67	4/28/2026 - 3/30/2027
Total preferred stock warrants		256,588
Total outstanding warrants		284,398

Schedule of Fair Value of Preferred Warrants Determined Using Black Scholes Option Pricing Model

The fair value of the Preferred Warrants was determined using the Black Scholes option pricing model with the following assumptions:

	May 21, 2020 (1)						December 31, 2019
	Series A			Series B			Series A			Series B
Expected volatility		51.10	%		50.00	%		41.40	%		39.80	%
Preferred stock fair value (per share)	$	19.00		$	19.00		$	5.88		$	5.94
Dividend yield		0.00	%		0.00	%		0.00	%		0.00	%
Risk free interest rates		0.17	%		0.53	%		1.58	%		1.83	%
Expected remaining term in years		1.55		5.94-6.86				1.95		6.33-7.25

(1) Date the Company’s registration statement on Form S-1 was declared effective