Fair Value of Financial Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2020

Fair Value Disclosures [Abstract]

Schedule of financial liability measured at fair value on a recurring basis

The following tables present information about the Company's financial liability measured at fair value on a recurring basis and indicate the level of the fair value hierarchy utilized to determine such fair value:

	Fair Value Measurement as of December 31, 2019 Using:
	Level 1		Level 2		Level 3		Total
Liabilities:
Derivative liability	$	—	$	—	$	37,690	$	37,690
	$	—	$	—	$	37,690	$	37,690

Schedule of aggregate fair value of derivative liability determined by Level 3 inputs

The following table provides a roll forward of the aggregate fair value of the Company’s derivative liability (see Note 9) for which fair value is determined by Level 3 inputs for the six months ended June 30, 2020 and 2019:

	Derivative Liability
Balance at December 31, 2019	$	37,690
Change in fair value	5,131
Settlement of derivative liability	(42,821)
Balance at June 30, 2020	$	—
Transaction date balance	$	33,815
Change in fair value	1,263
Balance at June 30, 2019	$	35,078