Common Stock Warrants and Common Stock Warrant Liability (Details) - USD ($) | Mar. 04, 2020 | Mar. 03, 2020 | Aug. 13, 2018 | Mar. 23, 2021 | Feb. 28, 2021 | Oct. 31, 2020 | Oct. 26, 2020 | Apr. 24, 2020 | Mar. 31, 2020 | Jan. 31, 2020 | Jan. 28, 2020 | Jul. 31, 2019 | Jun. 30, 2018 | Jun. 20, 2018 | Nov. 21, 2017 | Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Warrants, description | | | | | | | | | | | | | | | | The initial exercise price of these warrants was $30.00 per share. Pursuant to antidilution price adjustment protection contained within these warrants, the initial exercise price of these warrants was adjusted downward to $29.40 on July 24, 2018, the record date of the Right’s Offering and downward to $19.00 per share on August 13, 2018. These warrants were further adjusted downward from $19.00 to $7.13 and to $2.1122 on January 28, 2020 and March 4, 2020, respectively, in connection with separate Registered Direct Offerings. These warrants were further adjusted downward from $2.1122 to $1.3659 on October 26, 2020 in connection with a Registered Direct Offering. | | |
Common stock offering warrants issued, value (in Shares) | | | | | | | | | | | | 5 | | | | 4,553,733 | | |
Weighted-average exercise price (in Dollars per share) | | | | | | | | | | | | | | | | $ 3.98603 | | |
Number of warrant purchased (in Shares) | | | | | | | | | | | | | | 56,696 | | | | |
Risk free interest rate | 0.68% | | | | | | 0.18% | | | | 1.45% | | | | | | | |
Common stock warrants issued, description | | | | | | | | | | | | | | | | The initial exercise price of these warrants was $30.00 per share, which adjusted downward to $29.40 on July 24, 2018, the record date of the Right’s Offering and downward to $19.00 per share on August 13, 2018, the date of the Rights Offering, pursuant to antidilution price adjustment protection contained within these warrants. | | |
Deemed dividend (in Dollars) | | | | | | | | | | | | | | | | $ 285,000 | | |
Unexercised warrants (in Shares) | | | | | | | | | | | | | | | | 143,501 | | |
Share price (in Dollars per share) | | | | | | | | | | | | | | | | $ 1.66 | | $ 1.73 |
Stock compensation expense (in Dollars) | | | | | | | | | | | | | | | | $ 155,000 | $ 151,000 | |
Common stock, par value (in Dollars per share) | | | | | | | | | | | | | | | | $ 0.001 | | $ 0.001 |
Common Stock Offering Warrants Issued [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Common stock offering warrants issued, value (in Shares) | | | | | | | | | | | | | | | 232,875 | | | |
Number of warrant purchased (in Shares) | | | | | | | | | | | | | 56,696 | 56,696 | | | | |
Common stock per share (in Dollars per share) | | | | | | | | | | | | | $ 42.20 | | $ 20 | | | |
Warrant term | | | | | | | | | | | | | | | 5 years | | | |
Exercise price (in Dollars per share) | | | $ 19 | | | | | | | | | | $ 36.40 | $ 36.40 | $ 30 | | | |
Fair value of common stock warrant (in Dollars) | | | | | | | | | | | | | | | $ 661,000 | | | |
Per share price (in Dollars per share) | | | | | | | | | | | | | | | $ 20 | | | |
Expected volatility rate | | | | | | | | | | | 73.80% | | 72.60% | | 73.80% | | | |
Expected term | | | | | | | | | | | 2 years 299 days | | 5 years | | 5 years | | | |
Expected dividend rate | | | | | | | | | | | 0.00% | | 0.00% | | 0.00% | | | |
Risk free interest rate | | | | | | | | | | | | | 2.80% | | 1.87% | | | |
Share price (in Dollars per share) | | | | | | | | | | | $ 7.90 | | | | | | | |
Stock compensation expense (in Dollars) | | | | | | | | | | | | | $ 1,700,000 | | | | | |
Fair value adjustment of warrants (in Dollars) | | | | | | | | | | | | | $ 1,700,000 | | | | | |
Common Stock Warrant Issued to Underwriter of Common Stock Offering [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Common stock per share (in Dollars per share) | | | | | | $ 2.156 | | | | | | | | | | | | |
Exercise price (in Dollars per share) | | | | | | | | | | | $ 7.13 | | | | | | | |
Expected volatility rate | 74.50% | | | | | | 96.50% | | | | | | | | | | | |
Expected term | 2 years 259 days | | | | | | 2 years 29 days | | | | | | | | | | | |
Expected dividend rate | 0.00% | | | | | | 0.00% | | | | | | | | | | | |
Deemed dividend (in Dollars) | $ 129,000 | | | | | | $ 22 | | | | | | | | | | | |
Share price (in Dollars per share) | $ 2.88 | | | | | | $ 1.47 | | | | | | | | | | | |
Warrants exercise price (in Dollars per share) | $ 2.1122 | | | | | | $ 1.3659 | | | | | | | | | | | |
Unexercised warrants (in Shares) | 143,501 | | | | | | 143,501 | | | | | | | | | | | |
November 2017 warrants [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Common stock offering warrants issued, value (in Shares) | | | | | | | | | | | | | | 56,696 | | | | |
Common stock per share (in Dollars per share) | | | | | | | | | | | | | | $ 30 | | | | |
Gross proceeds (in Dollars) | | | | | | | | | | | | | | $ 1,700,000 | | | | |
New Warrants November 8, 2017 [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Number of warrant purchased (in Shares) | | | | | | | | | | | | | 17,088 | | | | | |
Gross proceeds (in Dollars) | | | | | | | | | | | | | $ 513,000 | | | | | |
Right Offering [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Warrants, description | | | In connection with the closing of the Rights Offering, the Company issued a warrant to purchase 13,393 shares of common stock to Maxim Partners LLC, an affiliate of the dealer-manager of the Rights Offering. The Company estimated the fair value of the common stock warrants, exercisable at $34.50 per share, to be $169 using a using a Monte Carlo model based on the following significant inputs: common stock price of $18.80; comparable company volatility of 159.0%; remaining term 5 years; dividend yield of 0% and risk-free interest rate of 2.77%. | | | | | | | | | | | | | | | |
Common stock offering warrants issued, value (in Shares) | | | 267,853 | | | | | | | | | | | | | | | |
Common stock per share (in Dollars per share) | | | $ 18.80 | | | | | | | | | | | | | | | |
Exercise price (in Dollars per share) | | | $ 23 | | | | | | | | | | | | | | | |
Fair value of common stock warrant (in Dollars) | | | $ 3,600,000 | | | | | | | | | | | | | | | |
Expected volatility rate | | | 159.00% | | | | | | | | | | | | | | | |
Expected term | | | 5 years | | | | | | | | | | | | | | | |
Expected dividend rate | | | 0.00% | | | | | | | | | | | | | | | |
Risk free interest rate | | | 2.77% | | | | | | | | | | | | | | | |
Share price (in Dollars per share) | | | $ 23 | | | | | | | | | | | | | | | |
Purchase of warrants shares (in Shares) | | | 267,853 | | | | | | | | | | | | | | | |
Common Stock Warrants Issued to Placement Agent in 2020 Registered Direct Offerings and Private Placement [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Exercise price (in Dollars per share) | | | | | | | | $ 3.97 | | | | | | | | | | |
Expected dividend rate | | | | | | | | | | | | 0.00% | | | | | | |
Risk free interest rate | | | | | | | | | | | | 2.07% | | | | | | |
Description of method used | | | | | | | | | | The Company estimated the fair value of the common stock warrants issued in January, with an exercise price of $10.00 per share, to be $58 using a Black Scholes model based on the following significant inputs: common stock price of $7.90; comparable company volatility of 73.8%; remaining term 5 years; dividend yield of 0% and risk-free interest rate of 1.53%. The Company estimated the fair value of the common stock warrants issued in March, with an exercise price of $3.7563 per share, to be $17 using a Black Scholes model based on the following significant inputs: common stock price of $2.35; comparable company volatility of 74.8%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.39%. In connection with the public offering of 145,586 Class A Units and 1,428,722 Class B Units on April 24, 2020, the Company issued to H.C. Wainwright & Co., LLC, as placement agent, warrants to purchase 118,073 shares of common stock. The warrants were issued in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D promulgated thereunder. These warrants have substantially similar terms as the April 2020 Warrants described above, except that the placement agent warrant issued has an exercise price of $3.97 per share. The Company estimated the fair value of the common stock warrants issued in April, with an exercise price of $3.97 per share, to be $167 using a Black Scholes model based on the following significant inputs: common stock price of $2.40; comparable company volatility of 87.9%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.18%. Common Stock Warrants Issued in October 2020 Private Warrant Inducement In October 2020, in connection with an inducement agreement with an existing accredited investor to exercise 1,700,680 outstanding warrants (the “Original Warrants”) to purchase an equal number of shares of the Company’s common stock, the Company issued new unregistered warrants to purchase up to an aggregate of 1,700,680 shares of common stock at an exercise price of $1.725 per share. The warrants issued were immediately exercisable with an exercise period of five and one-half years from the date of issuance. The Original Warrants were issued on March 6, 2020 and on April 24, 2020. Pursuant to the Letter Agreement, the per share exercise price of the Original Warrants were reduced from $2.88 and $3.05, respectively, to $1.725. The Company estimated the fair value of the common stock warrants, exercisable at $1.725 per share, to be $1,806 using a Black Scholes model based on the following significant inputs: common stock price of $1.47; comparable company volatility of 96.5%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.18%. In connection with the private warrant inducement in October 2020 of 1,700,680 shares of the Company’s common warrants, the Company issued to H.C. Wainwright & Co., LLC, as placement agent, warrants to purchase 85,034 shares of common stock. These warrants have substantially similar terms as the 2020 Warrants described above, except that the placement agent warrant issued in October 2020 has an exercise price of $2.156 per share. The Company estimated the fair value of these common stock warrants, with an exercise price of $2.156 per share, to be $86 using a Black Scholes model based on the following significant inputs: common stock price of $1.47; comparable company volatility of 96.5%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.18%. Common Stock Warrants Issued in February 2021 Private Placement Agreement In February 2021, in connection with a private placement agreement with certain institutional and accredited investors, the Company issued common stock warrants to purchase up to an aggregate of 2,194,427 shares of common stock at an exercise price of $2.216 per share. The warrants were exercisable immediately and have an exercise period of five and one-half years from the date of issuance. The warrant holder may not exercise any portion of such holder’s warrants to the extent that the holder, together with its affiliates, would beneficially own more than 4.99% (or, at the election of the holder, 9.99%) of the Company’s outstanding shares of common stock immediately after exercise, except that upon at least 61 days’ prior notice from the holder to the Company, the holder may increase the beneficial ownership limitation to up to 9.99% of the number of shares of common stock outstanding immediately after giving effect to the exercise. The Company estimated the fair value of the common stock warrants, exercisable at $2.216 per share, to be $3,052 using a Black Scholes model based on the following significant inputs: common stock price of $1.93; comparable company volatility of 95.6%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.18%. Common Stock Warrants Issued to Placement Agent in February 2021 Private Placement Agreement In connection with the private placement in February 2021, the Company issued to H.C. Wainwright & Co., LLC, as placement agent, warrants to purchase up to 329,164 shares of Common Stock with an exercise price of $2.8481 per share. The warrants are exercisable immediately and have an exercise period of five and one-half years from the date of issuance. The Company estimated the fair value of these common stock warrants, with an exercise price of $2.8481 per share, to be $435 using a Black Scholes model based on the following significant inputs: common stock price of $1.93; comparable company volatility of 95.6%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.18%. Common Stock Warrants Issued to Placement Agent in March 2021 Registered Direct Offering On March 23, 2021, the Company consummated a registered direct offering with certain institutional investors and issued an aggregate of 1,975,000 shares of the Company’s common stock, par value $0.001 per share at a purchase price of $2.00 per share for gross proceeds to the Company of approximately $3.95 million, before deducting fees payable to the placement agent and other estimated offering expenses payable by the Company. The 1,975,000 shares of Common Stock sold in the Offering were offered and sold pursuant to a prospectus, dated August 24, 2018, and a prospectus supplement, dated March 22, 2021, in connection with a takedown from the Company’s shelf registration statement on Form S-3 (File No. 333-225712). In connection with the registered direct offering in March 2021, the Company issued to H.C. Wainwright & Co., LLC, as the placement agent, warrants to purchase up to 148,125 shares of Common Stock. The Placement Agent Warrants will be exercisable commencing six months following the date of issuance, expire five years following the date of sale and have an exercise price per share of $2.50 per share. The Placement Agent Warrants, and the shares of Common Stock issuable upon exercise thereof, will be issued in reliance on the exemption from registration provided in Section 4(a)(2) under the Securities Act of 1933, as amended, and Regulation D promulgated thereunder. The Company estimated the fair value of these common stock warrants, with an exercise price of $2.50 per share, to be $181 using a Black Scholes model based on the following significant inputs: common stock price of $1.76; comparable company volatility of 100.8%; remaining term 5 years; dividend yield of 0% and risk-free interest rate of 0.31%. Deemed Dividend Adjustment-Warrant Modified Terms Revaluation On March 3, 2020, the Company issued an aggregate of 51,414 common shares in a cashless exercise of 56,625 warrants issued in December 2016 and November 2017. Consideration for the exercise of these warrants was the full settlement of an outstanding litigation reserve of $238. On October 26, 2020, in connection with the private warrant inducement with an existing accredited investor to exercise 1,700,680 Original Warrants, the Company agreed to modify the terms of the Original Warrants that were originally issued on March 6, 2020 and on April 24, 2020. Pursuant to the agreement, the per share exercise price of the Original Warrants were reduced from $2.88 and $3.05, respectively, to $1.725. Per recent proposed guidance of ASC 260, the Company determined that this was an exchange of the existing 1,700,680 warrants that were affected and the difference between the fair value of the warrants immediately prior to modification of terms and immediately after the adjustment was a cost of raising capital and was recorded as a reduction of equity. The difference between the fair value of the warrants immediately prior to modification of terms and immediately after the adjustment was calculated as $237, using a Black Scholes model based on the following significant inputs: On October 26, 2020: common stock price of $1.47; comparable company volatility of 96.5%; remaining term 4.5-4.8 years; dividend yield of 0% and risk-free interest rate of 0.18%. | | | | | | The Company estimated the fair value of the common stock warrants issued in April, with an exercise price of $3.97 per share, to be $167 using a Black Scholes model based on the following significant inputs: common stock price of $2.40; comparable company volatility of 87.9%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.18%. Common Stock Warrants Issued in October 2020 Private Warrant Inducement In October 2020, in connection with an inducement agreement with an existing accredited investor to exercise 1,700,680 outstanding warrants (the “Original Warrants”) to purchase an equal number of shares of the Company’s common stock, the Company issued new unregistered warrants to purchase up to an aggregate of 1,700,680 shares of common stock at an exercise price of $1.725 per share. The warrants issued were immediately exercisable with an exercise period of five and one-half years from the date of issuance. The Original Warrants were issued on March 6, 2020 and on April 24, 2020. Pursuant to the Letter Agreement, the per share exercise price of the Original Warrants were reduced from $2.88 and $3.05, respectively, to $1.725. The Company estimated the fair value of the common stock warrants, exercisable at $1.725 per share, to be $1,806 using a Black Scholes model based on the following significant inputs: common stock price of $1.47; comparable company volatility of 96.5%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.18%. In connection with the private warrant inducement in October 2020 of 1,700,680 shares of the Company’s common warrants, the Company issued to H.C. Wainwright & Co., LLC, as placement agent, warrants to purchase 85,034 shares of common stock. These warrants have substantially similar terms as the 2020 Warrants described above, except that the placement agent warrant issued in October 2020 has an exercise price of $2.156 per share. The Company estimated the fair value of these common stock warrants, with an exercise price of $2.156 per share, to be $86 using a Black Scholes model based on the following significant inputs: common stock price of $1.47; comparable company volatility of 96.5%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.18%. Common Stock Warrants Issued in February 2021 Private Placement Agreement In February 2021, in connection with a private placement agreement with certain institutional and accredited investors, the Company issued common stock warrants to purchase up to an aggregate of 2,194,427 shares of common stock at an exercise price of $2.216 per share. The warrants were exercisable immediately and have an exercise period of five and one-half years from the date of issuance. The warrant holder may not exercise any portion of such holder’s warrants to the extent that the holder, together with its affiliates, would beneficially own more than 4.99% (or, at the election of the holder, 9.99%) of the Company’s outstanding shares of common stock immediately after exercise, except that upon at least 61 days’ prior notice from the holder to the Company, the holder may increase the beneficial ownership limitation to up to 9.99% of the number of shares of common stock outstanding immediately after giving effect to the exercise. The Company estimated the fair value of the common stock warrants, exercisable at $2.216 per share, to be $3,052 using a Black Scholes model based on the following significant inputs: common stock price of $1.93; comparable company volatility of 95.6%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.18%. Common Stock Warrants Issued to Placement Agent in February 2021 Private Placement Agreement In connection with the private placement in February 2021, the Company issued to H.C. Wainwright & Co., LLC, as placement agent, warrants to purchase up to 329,164 shares of Common Stock with an exercise price of $2.8481 per share. The warrants are exercisable immediately and have an exercise period of five and one-half years from the date of issuance. The Company estimated the fair value of these common stock warrants, with an exercise price of $2.8481 per share, to be $435 using a Black Scholes model based on the following significant inputs: common stock price of $1.93; comparable company volatility of 95.6%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.18%. Common Stock Warrants Issued to Placement Agent in March 2021 Registered Direct Offering On March 23, 2021, the Company consummated a registered direct offering with certain institutional investors and issued an aggregate of 1,975,000 shares of the Company’s common stock, par value $0.001 per share at a purchase price of $2.00 per share for gross proceeds to the Company of approximately $3.95 million, before deducting fees payable to the placement agent and other estimated offering expenses payable by the Company. The 1,975,000 shares of Common Stock sold in the Offering were offered and sold pursuant to a prospectus, dated August 24, 2018, and a prospectus supplement, dated March 22, 2021, in connection with a takedown from the Company’s shelf registration statement on Form S-3 (File No. 333-225712). In connection with the registered direct offering in March 2021, the Company issued to H.C. Wainwright & Co., LLC, as the placement agent, warrants to purchase up to 148,125 shares of Common Stock. The Placement Agent Warrants will be exercisable commencing six months following the date of issuance, expire five years following the date of sale and have an exercise price per share of $2.50 per share. The Placement Agent Warrants, and the shares of Common Stock issuable upon exercise thereof, will be issued in reliance on the exemption from registration provided in Section 4(a)(2) under the Securities Act of 1933, as amended, and Regulation D promulgated thereunder. The Company estimated the fair value of these common stock warrants, with an exercise price of $2.50 per share, to be $181 using a Black Scholes model based on the following significant inputs: common stock price of $1.76; comparable company volatility of 100.8%; remaining term 5 years; dividend yield of 0% and risk-free interest rate of 0.31%. Deemed Dividend Adjustment-Warrant Modified Terms Revaluation On March 3, 2020, the Company issued an aggregate of 51,414 common shares in a cashless exercise of 56,625 warrants issued in December 2016 and November 2017. Consideration for the exercise of these warrants was the full settlement of an outstanding litigation reserve of $238. On October 26, 2020, in connection with the private warrant inducement with an existing accredited investor to exercise 1,700,680 Original Warrants, the Company agreed to modify the terms of the Original Warrants that were originally issued on March 6, 2020 and on April 24, 2020. Pursuant to the agreement, the per share exercise price of the Original Warrants were reduced from $2.88 and $3.05, respectively, to $1.725. Per recent proposed guidance of ASC 260, the Company determined that this was an exchange of the existing 1,700,680 warrants that were affected and the difference between the fair value of the warrants immediately prior to modification of terms and immediately after the adjustment was a cost of raising capital and was recorded as a reduction of equity. The difference between the fair value of the warrants immediately prior to modification of terms and immediately after the adjustment was calculated as $237, using a Black Scholes model based on the following significant inputs: On October 26, 2020: common stock price of $1.47; comparable company volatility of 96.5%; remaining term 4.5-4.8 years; dividend yield of 0% and risk-free interest rate of 0.18%. | | |
Common Stock Warrants Issued in January and March 2020 Private Placements [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Common stock offering warrants issued, value (in Shares) | | | | | | | | | | 353,872 | | | | | | | | |
Number of warrant purchased (in Shares) | | | | | | | | | 176,372 | 177,500 | | | | | | | 176,372 | |
Exercise price (in Dollars per share) | | | | | | | | | $ 2.88 | $ 9 | | | | | | | $ 2.88 | |
Expected volatility rate | | | | | | | | | 74.80% | 73.80% | | | | | | | | |
Expected term | | | | | | | | | 5 years 6 months | 5 years | | | | | | | | |
Expected dividend rate | | | | | | | | | 0.00% | 0.00% | | | | | | | | |
Risk free interest rate | | | | | | | | | 0.39% | 1.53% | | | | | | | | |
Limitations on Exercise, description | | | | | | | | | | | | | | | | A holder (together with its affiliates) may not exercise any portion of the 2020 Warrants to the extent that the holder would own more than 4.99% of the outstanding common stock after exercise (the “Beneficial Ownership Limitation”), except that upon at least 61 days’ prior notice from the holder to us, the holder may increase the Beneficial Ownership Limitation up to 9.99% of the number of shares of our common stock outstanding immediately after giving effect to the exercise, as such percentage ownership is determined in accordance with the terms of the 2020 Warrants. | | |
Common Stock Warrants Issued in April 2020 Public Offering [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Number of warrant purchased (in Shares) | | | | | | | | 1,574,308 | | | | | | | | | | |
Exercise price (in Dollars per share) | | | | | | | | $ 3.05 | | | | | | | | | | |
Expected volatility rate | | | | | | | | | | | | | | | | 87.90% | | |
Expected term | | | | | | | | | | | | | | | | 5 years | | |
Expected dividend rate | | | | | | | | | | | | | | | | 0.00% | | |
Risk free interest rate | | | | | | | | | | | | | | | | 0.18% | | |
Warrant expire date | | | | | | | | Apr. 24, 2025 | | | | | | | | | | |
Common Stock Warrants Issued to Placement Agent in October 2020 Inducement Offering [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Warrants, description | | | | | | | | | | | | | | | | In connection with the separate private placements concurrent with registered direct offerings of shares of the Company’s common stock in January and March 2020, the Company issued to H.C. Wainwright & Co., LLC, as placement agent, a warrant to purchase 13,228 shares of common stock and a warrant to purchase 13,313 shares of common stock. The warrants were issued in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D promulgated thereunder. These warrants have substantially similar terms as the 2020 Warrants described above, except that the placement agent warrant issued in January 2020 has an exercise price of $10.00 per share, and the placement agent warrant issued in March 2020 has an exercise price of $3.7563 per share. The Company estimated the fair value of the common stock warrants issued in January, with an exercise price of $10.00 per share, to be $58 using a Black Scholes model based on the following significant inputs: common stock price of $7.90; comparable company volatility of 73.8%; remaining term 5 years; dividend yield of 0% and risk-free interest rate of 1.53%. The Company estimated the fair value of the common stock warrants issued in March, with an exercise price of $3.7563 per share, to be $17 using a Black Scholes model based on the following significant inputs: common stock price of $2.35; comparable company volatility of 74.8%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.39%. In connection with the public offering of 145,586 Class A Units and 1,428,722 Class B Units on April 24, 2020, the Company issued to H.C. Wainwright & Co., LLC, as placement agent, warrants to purchase 118,073 shares of common stock. The warrants were issued in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D promulgated thereunder. | | |
Common stock per share (in Dollars per share) | | | | | | $ 1.47 | | | | | | | | | | | | |
Fair value of common stock warrant (in Dollars) | | | | | | $ 86,000 | | | | | | | | | | | | |
Expected volatility rate | | | | | | 96.50% | | | | | | | | | | | | |
Expected term | | | | | | 5 years 6 months | | | | | | | | | | | | |
Expected dividend rate | | | | | | 0.00% | | | | | | | | | | | | |
Risk free interest rate | | | | | | 0.18% | | | | | | | | | | | | |
Fair value adjustment of warrants (in Dollars) | | | | | | | $ 237,000 | | | | | | | | | | | |
Purchase of warrants shares (in Shares) | | | | | | 1,700,680 | 1,700,680 | | | | | | | | | | | |
Description of method used | | | | | | | | | | | | | | | | | The Company estimated the fair value of the common stock warrants issued in March, with an exercise price of $3.7563 per share, to be $17 using a Black Scholes model based on the following significant inputs: common stock price of $2.35; comparable company volatility of 74.8%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.39%. In connection with the public offering of 145,586 Class A Units and 1,428,722 Class B Units on April 24, 2020, the Company issued to H.C. Wainwright & Co., LLC, as placement agent, warrants to purchase 118,073 shares of common stock. The warrants were issued in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D promulgated thereunder. These warrants have substantially similar terms as the April 2020 Warrants described above, except that the placement agent warrant issued has an exercise price of $3.97 per share. The Company estimated the fair value of the common stock warrants issued in April, with an exercise price of $3.97 per share, to be $167 using a Black Scholes model based on the following significant inputs: common stock price of $2.40; comparable company volatility of 87.9%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.18%. Common Stock Warrants Issued in October 2020 Private Warrant Inducement In October 2020, in connection with an inducement agreement with an existing accredited investor to exercise 1,700,680 outstanding warrants (the “Original Warrants”) to purchase an equal number of shares of the Company’s common stock, the Company issued new unregistered warrants to purchase up to an aggregate of 1,700,680 shares of common stock at an exercise price of $1.725 per share. The warrants issued were immediately exercisable with an exercise period of five and one-half years from the date of issuance. The Original Warrants were issued on March 6, 2020 and on April 24, 2020. Pursuant to the Letter Agreement, the per share exercise price of the Original Warrants were reduced from $2.88 and $3.05, respectively, to $1.725. The Company estimated the fair value of the common stock warrants, exercisable at $1.725 per share, to be $1,806 using a Black Scholes model based on the following significant inputs: common stock price of $1.47; comparable company volatility of 96.5%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.18%. In connection with the private warrant inducement in October 2020 of 1,700,680 shares of the Company’s common warrants, the Company issued to H.C. Wainwright & Co., LLC, as placement agent, warrants to purchase 85,034 shares of common stock. These warrants have substantially similar terms as the 2020 Warrants described above, except that the placement agent warrant issued in October 2020 has an exercise price of $2.156 per share. The Company estimated the fair value of these common stock warrants, with an exercise price of $2.156 per share, to be $86 using a Black Scholes model based on the following significant inputs: common stock price of $1.47; comparable company volatility of 96.5%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.18%. Common Stock Warrants Issued in February 2021 Private Placement Agreement In February 2021, in connection with a private placement agreement with certain institutional and accredited investors, the Company issued common stock warrants to purchase up to an aggregate of 2,194,427 shares of common stock at an exercise price of $2.216 per share. The warrants were exercisable immediately and have an exercise period of five and one-half years from the date of issuance. The warrant holder may not exercise any portion of such holder’s warrants to the extent that the holder, together with its affiliates, would beneficially own more than 4.99% (or, at the election of the holder, 9.99%) of the Company’s outstanding shares of common stock immediately after exercise, except that upon at least 61 days’ prior notice from the holder to the Company, the holder may increase the beneficial ownership limitation to up to 9.99% of the number of shares of common stock outstanding immediately after giving effect to the exercise. The Company estimated the fair value of the common stock warrants, exercisable at $2.216 per share, to be $3,052 using a Black Scholes model based on the following significant inputs: common stock price of $1.93; comparable company volatility of 95.6%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.18%. Common Stock Warrants Issued to Placement Agent in February 2021 Private Placement Agreement In connection with the private placement in February 2021, the Company issued to H.C. Wainwright & Co., LLC, as placement agent, warrants to purchase up to 329,164 shares of Common Stock with an exercise price of $2.8481 per share. The warrants are exercisable immediately and have an exercise period of five and one-half years from the date of issuance. The Company estimated the fair value of these common stock warrants, with an exercise price of $2.8481 per share, to be $435 using a Black Scholes model based on the following significant inputs: common stock price of $1.93; comparable company volatility of 95.6%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.18%. Common Stock Warrants Issued to Placement Agent in March 2021 Registered Direct Offering On March 23, 2021, the Company consummated a registered direct offering with certain institutional investors and issued an aggregate of 1,975,000 shares of the Company’s common stock, par value $0.001 per share at a purchase price of $2.00 per share for gross proceeds to the Company of approximately $3.95 million, before deducting fees payable to the placement agent and other estimated offering expenses payable by the Company. The 1,975,000 shares of Common Stock sold in the Offering were offered and sold pursuant to a prospectus, dated August 24, 2018, and a prospectus supplement, dated March 22, 2021, in connection with a takedown from the Company’s shelf registration statement on Form S-3 (File No. 333-225712). In connection with the registered direct offering in March 2021, the Company issued to H.C. Wainwright & Co., LLC, as the placement agent, warrants to purchase up to 148,125 shares of Common Stock. The Placement Agent Warrants will be exercisable commencing six months following the date of issuance, expire five years following the date of sale and have an exercise price per share of $2.50 per share. The Placement Agent Warrants, and the shares of Common Stock issuable upon exercise thereof, will be issued in reliance on the exemption from registration provided in Section 4(a)(2) under the Securities Act of 1933, as amended, and Regulation D promulgated thereunder. The Company estimated the fair value of these common stock warrants, with an exercise price of $2.50 per share, to be $181 using a Black Scholes model based on the following significant inputs: common stock price of $1.76; comparable company volatility of 100.8%; remaining term 5 years; dividend yield of 0% and risk-free interest rate of 0.31%. Deemed Dividend Adjustment-Warrant Modified Terms Revaluation On March 3, 2020, the Company issued an aggregate of 51,414 common shares in a cashless exercise of 56,625 warrants issued in December 2016 and November 2017. Consideration for the exercise of these warrants was the full settlement of an outstanding litigation reserve of $238. On October 26, 2020, in connection with the private warrant inducement with an existing accredited investor to exercise 1,700,680 Original Warrants, the Company agreed to modify the terms of the Original Warrants that were originally issued on March 6, 2020 and on April 24, 2020. Pursuant to the agreement, the per share exercise price of the Original Warrants were reduced from $2.88 and $3.05, respectively, to $1.725. Per recent proposed guidance of ASC 260, the Company determined that this was an exchange of the existing 1,700,680 warrants that were affected and the difference between the fair value of the warrants immediately prior to modification of terms and immediately after the adjustment was a cost of raising capital and was recorded as a reduction of equity. The difference between the fair value of the warrants immediately prior to modification of terms and immediately after the adjustment was calculated as $237, using a Black Scholes model based on the following significant inputs: On October 26, 2020: common stock price of $1.47; comparable company volatility of 96.5%; remaining term 4.5-4.8 years; dividend yield of 0% and risk-free interest rate of 0.18%. | |
Common Stock Warrants Issued in October 2020 Private Warrant Inducement [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Warrants, description | | | | | | The Original Warrants were issued on March 6, 2020 and on April 24, 2020. Pursuant to the Letter Agreement, the per share exercise price of the Original Warrants were reduced from $2.88 and $3.05, respectively, to $1.725. The Company estimated the fair value of the common stock warrants, exercisable at $1.725 per share, to be $1,806 using a Black Scholes model based on the following significant inputs: common stock price of $1.47; comparable company volatility of 96.5%; remaining term 5.5 years; dividend yield of 0% and risk-free interest rate of 0.18%. | | | | | | | | | | | | |
Warrant term | | | | | | 5 years | | | | | | | | | | | | |
Exercise price (in Dollars per share) | | | | | | $ 1.725 | | | | | | | | | | | | |
Purchase of warrants shares (in Shares) | | | | | | 1,700,680 | | | | | | | | | | | | |
Exercise outstanding warrants (in Shares) | | | | | | 1,700,680 | | | | | | | | | | | | |
Common Stock Warrants Issued in February 2021 Private Placement Agreement [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Warrants, description | | | | | | | | | | | | | | | | The warrant holder may not exercise any portion of such holder’s warrants to the extent that the holder, together with its affiliates, would beneficially own more than 4.99% (or, at the election of the holder, 9.99%) of the Company’s outstanding shares of common stock immediately after exercise, except that upon at least 61 days’ prior notice from the holder to the Company, the holder may increase the beneficial ownership limitation to up to 9.99% of the number of shares of common stock outstanding immediately after giving effect to the exercise. | | |
Common stock per share (in Dollars per share) | | | | | | | | | | | | | | | | $ 1.93 | | |
Exercise price (in Dollars per share) | | | | | $ 2.216 | | | | | | | | | | | $ 2.216 | | |
Expected volatility rate | | | | | | | | | | | | | | | | 95.60% | | |
Expected term | | | | | | | | | | | | | | | | 5 years 6 months | | |
Expected dividend rate | | | | | | | | | | | | | | | | 0.00% | | |
Risk free interest rate | | | | | | | | | | | | | | | | 0.18% | | |
Fair value adjustment of warrants (in Dollars) | | | | | | | | | | | | | | | | $ 3,052,000 | | |
Purchase of warrants shares (in Shares) | | | | | 2,194,427 | | | | | | | | | | | | | |
Common Stock Warrants Issued to Placement Agent in February 2021 Private Placement Agreement [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Common stock per share (in Dollars per share) | | | | | | | | | | | | | | | | $ 1.93 | | |
Exercise price (in Dollars per share) | | | | | | | | | | | | | | | | $ 2.8481 | | |
Expected volatility rate | | | | | | | | | | | | | | | | 95.60% | | |
Expected term | | | | | | | | | | | | | | | | 5 years 6 months | | |
Expected dividend rate | | | | | | | | | | | | | | | | 0.00% | | |
Risk free interest rate | | | | | | | | | | | | | | | | 0.18% | | |
Fair value adjustment of warrants (in Dollars) | | | | | | | | | | | | | | | | $ 435,000 | | |
Common Stock Warrants Issued to Placement Agent in March 2021 Registered Direct Offering [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Common stock offering warrants issued, value (in Shares) | | | | 1,975,000 | | | | | | | | | | | | | | |
Warrant term | | | | | | | | | | | | | | | | 5 years | | |
Exercise price (in Dollars per share) | | | | | | | | | | | | | | | | $ 2.50 | | |
Per share price (in Dollars per share) | | | | | | | | | | | | | | | | $ 2.50 | | |
Expected volatility rate | | | | | | | | | | | | | | | | 100.80% | | |
Expected term | | | | | | | | | | | | | | | | 5 years | | |
Expected dividend rate | | | | | | | | | | | | | | | | 0.00% | | |
Risk free interest rate | | | | | | | | | | | | | | | | 0.31% | | |
Share price (in Dollars per share) | | | | $ 2 | | | | | | | | | | | | $ 1.76 | | |
Stock compensation expense (in Dollars) | | | | | | | | | | | | | | | | $ 181,000 | | |
Purchase of warrants shares (in Shares) | | | | | | | | | | | | | | | | 148,125 | | |
Common stock, par value (in Dollars per share) | | | | $ 0.001 | | | | | | | | | | | | | | |
Deducting fees payable (in Dollars) | | | | $ 3,950,000 | | | | | | | | | | | | | | |
Common stock sold (in Shares) | | | | 1,975,000 | | | | | | | | | | | | | | |
Deemed Dividend Adjustment-Warrant Modified Terms Revaluation [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Warrants, description | | the Company issued an aggregate of 51,414 common shares in a cashless exercise of 56,625 warrants issued in December 2016 and November 2017. Consideration for the exercise of these warrants was the full settlement of an outstanding litigation reserve of $238. | | | | | the Company agreed to modify the terms of the Original Warrants that were originally issued on March 6, 2020 and on April 24, 2020. Pursuant to the agreement, the per share exercise price of the Original Warrants were reduced from $2.88 and $3.05, respectively, to $1.725. | | | | | | | | | | | |
Common stock per share (in Dollars per share) | | | | | | | $ 1.47 | | | | | | | | | | | |
Expected volatility rate | | | | | | | 96.50% | | | | | | | | | | | |
Expected dividend rate | | | | | | | 0.00% | | | | | | | | | | | |
Risk free interest rate | | | | | | | 0.18% | | | | | | | | | | | |
Exercise outstanding warrants (in Shares) | | | | | | | 1,700,680 | | | | | | | | | | | |
Deemed Dividend Adjustment-Warrant Modified Terms Revaluation [Member] | Minimum [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Expected term | | | | | | | 4 years 6 months | | | | | | | | | | | |
Deemed Dividend Adjustment-Warrant Modified Terms Revaluation [Member] | Maximum [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Expected term | | | | | | | 8 years | | | | | | | | | | | |
H.C. Wainwright & Co., LLC [Member] | Common Stock Warrant Issued to Underwriter of Common Stock Offering [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Number of warrant purchased (in Shares) | | | | | | | | | | | | 8,334 | | | | | | |
Common stock per share (in Dollars per share) | | | | | | | | | | | | $ 33.75 | | | | | | |
Exercise price (in Dollars per share) | | | | | | | | | | | | $ 33.75 | | | | | | |
Fair value of common stock warrant (in Dollars) | | | | | | | | | | | | $ 127,000 | | | | | | |
Share price (in Dollars per share) | | | | | | | | | | | | $ 26.80 | | | | | | |
H.C. Wainwright & Co., LLC [Member] | Common Stock Warrants Issued to Placement Agent in 2020 Registered Direct Offerings and Private Placement [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Number of warrant purchased (in Shares) | | | | | | | | 118,073 | | | | | | | | | | |
Expected volatility rate | | | | | | | | | | | | 133.30% | | | | | | |
Expected term | | | | | | | | | | | | 5 years | | | | | | |
H.C. Wainwright & Co., LLC [Member] | Common Stock Warrants Issued to Placement Agent in October 2020 Inducement Offering [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Exercise price (in Dollars per share) | | | | | | $ 2.156 | | | | | | | | | | | | |
Purchase of warrants shares (in Shares) | | | | | | 85,034 | | | | | | | | | | | | |
H.C. Wainwright & Co., LLC [Member] | Common Stock Warrants Issued in February 2021 Private Placement Agreement [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Exercise price (in Dollars per share) | | | | | $ 2.8481 | | | | | | | | | | | | | |
H.C. Wainwright & Co., LLC [Member] | Common Stock Warrants Issued to Placement Agent in February 2021 Private Placement Agreement [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Purchase of warrants shares (in Shares) | | | | | 329,164 | | | | | | | | | | | | | |
Public Offering [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Number of warrant purchased (in Shares) | | | | | | | | | | | | | | | 293,000 | | | |
Common Class A [Member] | Common Stock Warrants Issued to Placement Agent in 2020 Registered Direct Offerings and Private Placement [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Common stock offering warrants issued, value (in Shares) | | | | | | | | 145,586 | | | | | | | | | | |
Common Class A [Member] | Common Stock Warrants Issued in April 2020 Public Offering [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Common stock offering warrants issued, value (in Shares) | | | | | | | | 145,586 | | | | | | | | | | |
Common Class B [Member] | Common Stock Warrants Issued to Placement Agent in 2020 Registered Direct Offerings and Private Placement [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Common stock offering warrants issued, value (in Shares) | | | | | | | | 1,428,722 | | | | | | | | | | |
Common Class B [Member] | Common Stock Warrants Issued in April 2020 Public Offering [Member] | | | | | | | | | | | | | | | | | | |
Common Stock Warrants and Common Stock Warrant Liability (Details) [Line Items] | | | | | | | | | | | | | | | | | | |
Common stock offering warrants issued, value (in Shares) | | | | | | | | 1,428,722 | | | | | | | | | | |