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Development Derivative Liability (Tables)
9 Months Ended
Sep. 30, 2020
Research And Development [Abstract]  
Schedule of Development Derivative Liability

The following table presents a rollforward of the development derivative liability:

 

 

Nine Months Ended September 30,

 

 

 

2020

 

 

2019

 

Balance at fair market value, January 1,

$

134,839

 

 

$

 

Amounts received under the SFJ agreement and SFJ amendment

 

20,000

 

 

 

60,000

 

Loss recorded in loss from remeasurement of development

    derivative liability

 

68,406

 

 

 

736

 

Balance at fair market value, March 31,

$

223,245

 

 

$

60,736

 

Amounts received under the SFJ agreement and SFJ amendment

 

 

 

 

40,000

 

(Gain)/loss recorded in loss from remeasurement of development

    derivative liability

 

(2,770

)

 

 

9,104

 

Balance at fair market value, June 30,

$

220,475

 

 

$

109,840

 

Amounts received under the SFJ agreement and SFJ amendment

 

 

 

 

20,000

 

(Gain)/loss recorded in loss from remeasurement of development

    derivative liability

 

(2,697

)

 

 

263

 

Balance at fair market value, September 30,

$

217,778

 

 

$

130,103