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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
3 Months Ended
Mar. 31, 2020
Fair Value Disclosures [Abstract]  
Summary of Changes in Fair Value of Level 3 Liabilities
The following table sets forth a summary of changes in the fair value of Level 3 liabilities, the warrant associated with the Flex Pharma merger measured at fair value on a recurring basis for the three months ended March 31, 2020:
DescriptionBalance at December 31, 2019Change in Fair ValueBalance at March 31, 2020
Warrant liability$317,762  $283,070  $34,692