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Common Stock Warrants and Common Stock Warrant Liability (Tables)
9 Months Ended
Sep. 30, 2018
Warrants and Rights Note Disclosure [Abstract]  
Schedule of common stock warrant activity

The table summarizes the common stock warrant activity as of September 30, 2018 as follows:

 

    Number                  
    of     Date         Exercise  
Common Stock Warrants   Warrants     Issued   Term     Price  
Outstanding at December 31, 2016     829,285                      
Common Stock Offering Warrants Issued     4,657,500     November 2017     5 years     $ 1.50  (1)
Common Stock Offering Underwriter Warrants     945,000     November 2017     5 years     $ 1.50  
Outstanding at December 31, 2017     6,431,785                      
Warrants issued     1,133,909     June 2018     5 years     $ 1.82  
Common Stock Offering Warrants Issued     5,357,052     August 2018     5 years     $ 1.15  (1)
Common Stock Offering - Dealer Manager Warrants     267,853     August 2018     5 years     $ 1.725  
    Warrants exercised     (1,475,659)                      
Outstanding at September 30, 2018     11,714,940                      

 

(1) The common stock warrants issued in November 2017 with an initial exercise price of $1.50 per share adjusted downward to $0.95 per share effective July 24, 2018 in connection with our Rights Offering, and may be subject to further downward adjustments, pursuant to antidilution price adjustment protection contained within those warrants.