Subsequent Events

12 Months Ended

Dec. 31, 2019

Subsequent Events

Subsequent Events

Note 18.  Subsequent Events

The Company considers events or transactions that occur after the balance sheet date but prior to the issuance of the financial statements to provide additional evidence relative to certain estimates or to identify matters that require additional disclosure.

Proceeds from Sale of Common Stock

"At-The-Market" Equity Program

During the period January 1, 2020 through March 11, 2020, the Company sold 403,983 shares of its common stock pursuant to the ATM Agreement, as more fully described in Note 8, resulting in net proceeds after deduction of commissions of $0.6 million.

Common Stock Purchase Agreement

During the period January 1, 2020 through March 11, 2020, the Company sold 450,000 shares of its common pursuant to the LPC Purchase Agreement, as more fully described in Note 8, resulting in net proceeds of $0.8 million.