Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.20.2
Stockholders' Equity (Tables)
 9 Months Ended
Sep. 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       4.22  
Assumed as part of the Merger     413,449     $ 14.11          
Granted     5,520,807     $ 1.18          
Exercised     (4,371,492 )   $ 0.74          
Outstanding at September 30, 2020     2,024,411     $ 6.17       4.17  

Convertible Preferred Stock Series H [Member]  
Schedule of Payment of Preferred Stock

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

 

Number of Series H Preferred Stock outstanding as of September 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 September 30, 2020   $ 2.96  
Equals the payment   $ 21  

Convertible Preferred Stock Series H-3 [Member]  
Schedule of Payment of Preferred Stock

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

 

Number of Series H-3 Preferred Stock outstanding as of September 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 September 30, 2020   $ 2.96  
Equals the payment   $ 5,402  

Convertible Preferred Stock Series H-6 [Member]  
Schedule of Payment of Preferred Stock

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

 

Number of Series H-6 Preferred Stock outstanding as of September 30, 2020     50  
Multiplied by the stated value   $ 72  
Equals the gross stated value   $ 3,600  
Divided by the conversion price   $ 2.50  
Equals the convertible shares of Company Common Stock     1,440  
Multiplied by the fair market value of Company Common Stock as of September 30, 2020   $ 2.96  
Equals the payment   $ 4,262