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Stockholder’s Equity and Derivative Liability - Warrants (Tables)
3 Months Ended
Mar. 31, 2020
Schedule of changes in derivative financial instruments liability balance

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of

 

Derivative

 

 

 

 

Warrants

 

Instrument

Date

    

Description

    

Outstanding

    

Liability

December 31, 2019

 

Balance of derivative financial instruments liability

 

 

107,998

 

 

5,623

 

 

Change in fair value of warrants for the three months ended March 31, 2020

 

 

 —

 

 

9,680

March 31, 2020

 

Balance of derivative financial instruments liability

 

 

107,998

 

$

15,303

 

October 13 2015  
Schedule of assumptions used to measure the warrants to remeasure liability

 

 

 

 

 

 

 

 

 

    

March 31, 

    

December 31, 

 

 

 

2020

 

2019

 

Price of Hepion common stock

 

$

1.77

 

$

5.36

 

Expected warrant term (years)

 

 

0.53

years

 

0.78

years

Risk-free interest rate

 

 

0.33

%  

 

1.66

%

Expected volatility

 

 

144

%  

 

72

%

Dividend yield

 

 

 —

 

 

 —

 

 

April 4 2016  
Schedule of assumptions used to measure the warrants to remeasure liability

 

 

 

 

 

 

 

 

 

     

March 31, 

    

December 31, 

 

 

 

2020

 

2019

 

Price of Hepion common stock

 

$

1.77

 

$

5.36

 

Expected warrant term (years)

 

 

1.01

years

 

1.26

years

Risk-free interest rate

 

 

0.33

%

 

1.66

%

Expected volatility

 

 

130

%

 

75

%

Dividend yield

 

 

 —

 

 

 —

 

 

April 25 2017  
Schedule of assumptions used to measure the warrants to remeasure liability

 

 

 

 

 

 

 

 

 

    

March 31, 

    

December 31, 

 

 

 

2020

 

2019

 

Price of Hepion common stock

 

$

1.77

 

$

5.36

 

Expected warrant term (years)

 

 

2.06

years

 

2.31

years

Risk-free interest rate

 

 

0.33

%  

 

1.66

%

Expected volatility

 

 

117

%  

 

69

%

Dividend yield

 

 

 —

 

 

 —

 

 

July 3 2018  
Schedule of assumptions used to measure the warrants to remeasure liability

 

 

 

 

 

 

 

 

 

    

March 31, 

    

December 31, 

    

 

 

2020

 

2019

 

Price of Hepion common stock

 

$

1.77

 

$

5.36

 

Expected warrant term (years)

 

 

3.25

years

 

3.50

years

Risk-free interest rate

 

 

0.33

%  

 

1.66

%  

Expected volatility

 

 

116

%  

 

65

%  

Dividend yield

 

 

 —

 

 

 —