Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.20.2
Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2020
Schedule of Warrant Activity

A summary of the Company’s warrants to purchase common stock activity is as follows:

 

    Shares Underlying Warrants     Weighted Average Exercise Price     Weighted Average Remaining Contractual Term (in years)  
Outstanding at December 31, 2019     461,647     $ 7.33       3.50  
Assumed as part of the Merger     413,450     $ 14.11          
Granted     4,999,077     $ 0.76          
Exercised     1,831,733     $ 0.28          
Outstanding at June 30, 2020     4,042,441     $ 5.11       4.67  
Convertible Preferred Stock Series H [Member]  
Schedule of Payment of Preferred Stock

As of June 30, 2020, such payment would be calculated as follows:

 

Number of Series H Preferred Stock outstanding as of June 30, 2020     8  
Multiplied by the stated value   $ 154  
Equals the gross stated value   $ 1,232  
Divided by the conversion price   $ 184.80  
Equals the convertible shares of Company Common Stock     7  
Multiplied by the fair market value of Company Common Stock as of June 30, 2020   $ 2.80  
Equals the payment   $ 20  
Convertible Preferred Stock Series H-3 [Member]  
Schedule of Payment of Preferred Stock

As of June 30, 2020, such payment would be calculated as follows:

 

Number of Series H-3 Preferred Stock outstanding as of June 30, 2020     2,189  
Multiplied by the stated value   $ 138  
Equals the gross stated value   $ 302,082  
Divided by the conversion price   $ 165.60  
Equals the convertible shares of Company Common Stock     1,825  
Multiplied by the fair market value of Company Common Stock as of June 30, 2020   $ 2.80  
Equals the payment   $ 5,110  
Convertible Preferred Stock Series H-6 [Member]  
Schedule of Payment of Preferred Stock

As of June 30, 2020, such payment would be calculated as follows:

 

Number of Series H-6 Preferred Stock outstanding as of June 30, 2020     7,883  
Multiplied by the stated value   $ 72  
Equals the gross stated value   $ 567,576  
Divided by the conversion price   $ 2.50  
Equals the convertible shares of Company Common Stock     227,030  
Multiplied by the fair market value of Company Common Stock as of June 30, 2020   $ 2.80  
Equals the payment   $ 635,685