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Equity Offerings (Tables)
 9 Months Ended
Sep. 30, 2022
Series A Warrants and Series B Warrants [Member] | Warrants Repricing [Member]  
Schedule of Black-Scholes Option Pricing Model Based on Assumptions

The Series A warrants and Series B warrants were valued on the date of the Warrant Repricing using the Black-Scholes option pricing model (“Black-Scholes model”) based on the following assumptions:

 

 

Series A

 

 

Series B

 

Risk-free interest rate

 

 

2.97

%

 

 

2.85

%

Volatility

 

 

137.87

%

 

 

90.44

%

Expected dividend yield

 

 

0.00

%

 

 

0.00

%

Expected life (in years)

 

 

0.6

 

 

 

6.6

 
Series A Warrants and Series B Warrants [Member] | Offering [Member]  
Schedule of Black-Scholes Option Pricing Model Based on Assumptions

The Series A warrants and Series B warrants were valued at approximately $11.6 million using the Black-Scholes model based on the following assumptions:

 

 

Series A

 

 

Series B

 

Risk-free interest rate

 

 

0.91

%

 

 

1.93

%

Volatility

 

 

131.07

%

 

 

85.38

%

Expected dividend yield

 

 

0.00

%

 

 

0.00

%

Expected life (in years)

 

 

1.0

 

 

 

7.0

 
Series C Warrants [Member] | Warrants Repricing [Member]  
Schedule of Black-Scholes Option Pricing Model Based on Assumptions

The Series C warrants were valued at approximately $2.3 million using the Black-Scholes model based on the following assumptions:

 

 

 

 

 

Risk-free interest rate

 

 

2.87

%

Volatility

 

 

96.70

%

Expected dividend yield

 

 

0.00

%

Expected life (in years)

 

 

5.0