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v3.19.1

Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2018
Accounting Policies [Abstract] |
Summary of Property and Equipment | The following tables summarizes the Company’s property and equipment as of December 31, 2018 and 2017 (amounts in thousands):
|  | As of December 31, |
|  | 2018 |  |  | 2017 |
Leasehold improvement |  | $ | 182 |  |  | $ | 173 |
Furniture and fixtures |  |  | 185 |  |  |  | — |
Equipment |  |  | 219 |  |  |  | — |
Computer hardware and software |  |  | 44 |  |  |  | 17 |
Property and equipment |  |  | 630 |  |  |  | 190 |
Less accumulated depreciation |  |  | (76 | ) |  |  | (17 | )
Property and equipment, net |  | $ | 554 |  |  | $ | 173 |
Summary of Derivative Financial Instruments | The following table summarizes the Company’s financial instruments within the fair value hierarchy as of December 31, 2018 and 2017 (amounts in thousands):
|  | Fair Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
December 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-current receivable |  | $ | 294 |  |  | $ | — |  |  | $ | — |  |  | $ | 294 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Warrants |  | $ | 13,769 |  |  | $ | — |  |  | $ | — |  |  | $ | 13,769 |
December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-employee stock options |  | $ | 2,637 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,637 |
Warrants |  |  | 6,941 |  |  |  | — |  |  |  | — |  |  |  | 6,941 |
Total liabilities |  | $ | 9,578 |  |  | $ | - |  |  | $ | - |  |  | $ | 9,578 |
Summary of Basic and Diluted Loss per Share | The basic and diluted loss per share for the periods noted below is as follows (amounts in thousands, except for share and per share amounts):
|  | For the Year Ended December 31, |
|  | 2018 |  |  | 2017 |
Basic and Diluted |  |  |  |  |  |  |  |
Numerator |  |  |  |  |  |  |  |
Net loss |  | $ | (28,623 | ) |  | $ | (28,024 | )
Denominator |  |  |  |  |  |  |  |
Weighted-average common shares outstanding - basic and diluted |  |  | 22,786,192 |  |  |  | 18,632,740 |
Basic and diluted net loss per share |  | $ | (1.26 | ) |  | $ | (1.50 | )
Summary of Outstanding Securities Excluded from Computation of Diluted Weighted Shares Outstanding | The following outstanding securities have been excluded from the computation of diluted weighted shares outstanding for the periods noted below, as they would have been anti-dilutive due to the Company’s losses coupled with the exercise price of certain of these outstanding securities being greater than the average closing price of the Company’s common stock.
|  | For the Year Ended December 31, |
|  | 2018 |  |  | 2017 |
Options outstanding |  |  | 3,308,049 |  |  |  | 2,448,646 |
RSUs |  |  | 964 |  |  |  | 1,928 |
Warrants outstanding |  |  | 4,004,304 |  |  |  | 2,379,919 |
Total |  |  | 7,313,317 |  |  |  | 4,830,493 |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(13)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
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