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Warrants to Acquire Shares of Common Stock (Tables)
12 Months Ended
Dec. 31, 2021
Warrants and Rights Note Disclosure [Abstract]  
Schedule of Warrant Activity
The following is a summary of the Company's warrants to acquire shares of common stock activity for the year ended December 31, 2021 (in thousands, except per share data):
 
Warrant IssuanceOutstanding, December 31, 2020ExercisedOutstanding, December 31, 2021Exercise Price Per ShareExpiration
Warrants classified as equity:
January 2020 Offering719 (410)309 $3.93 July 2025
July 2020 PIPE Offering445 (420)25 $3.30 August 2025
July 2018 Offering141 (9)132 $7.50 July 2023
March 2019 Exercise Agreement63 (33)30 $7.50 March 2024
Other10 (1)$306.66 December 2022 - June 2024
1,378 (873)505 
Warrants classified as liability:14 — 14 $729.94 January 2022 - November 2023
1,392 (873)519 
Schedule of Fair Value of Warrants is Estimated Using Black-Scholes Option Pricing Model The fair value of the warrants accounted for as liabilities is estimated using a Black-Scholes pricing model with the following inputs:
As of December 31,
20212020
Risk free interest rate0.65 %0.16 %
Volatility131.04%150.38%
Expected term (years)1.752.75
Expected dividend yield— %— %
Strike price$7.50 $7.50 
Schedule of Changes in Fair Value of Warrant Liability
The changes in fair value of the warrant liability for the year ended December 31, 2021 and 2020 were as follows (in thousands):
Warrant Liability
Warrant liability, December 31, 2019$52 
Fair value of warrants exercised(94)
Change in fair value of warrants97 
Warrant liability, December 31, 202055 
Change in fair value of warrants(15)
Warrant liability, December 31, 2021$40