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Long-term Debt and Warrant Liability (Tables)
 9 Months Ended
Sep. 30, 2020
Long Term Debt And Warrant Liability [Abstract]  
Summary of Assumptions to Determine Fair Value of Warrant The Company determined the fair value of this warrant to be $5.5 million using the Black-Scholes model based on the following assumptions as of September 30, 2020:

 

 

 

AS OF

SEPTEMBER 30,

2020

 

Stock price

 

$

2.26

 

Exercise price

 

$

1.05

 

Expected term (in years)

 

 

9.75

 

Volatility

 

 

75

%

Risk-free interest rate

 

 

0.69

%

Dividend yield

 

 

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