Stock-Based Compensation (Details) - USD ($)
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1 Months Ended |
3 Months Ended |
6 Months Ended |
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Jan. 13, 2021 |
Feb. 06, 2020 |
Jun. 22, 2021 |
May 17, 2021 |
Apr. 30, 2021 |
Mar. 31, 2021 |
Feb. 17, 2021 |
Jan. 27, 2021 |
Jan. 20, 2021 |
Aug. 28, 2020 |
Jun. 30, 2021 |
Mar. 31, 2021 |
Jun. 30, 2020 |
Mar. 31, 2020 |
Jun. 30, 2021 |
Jun. 30, 2020 |
Dec. 31, 2020 |
| Stock-Based Compensation (Details) [Line Items] |
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| Accrued expenses |
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$ 56,000
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| Weighted average grant date fair value (in Dollars per share) |
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$ 1.08
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| Granted (in Shares) |
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426,000
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| Share price (in Dollars per share) |
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$ 1.06
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| Share based compensation expense related to stock option |
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$ 680,000
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$ 498,000
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$ 1,349,000
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$ 1,180,000
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| Aggregate offering price |
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$ 25,000,000
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| Pursuant share of common stock (in Shares) |
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1,340,870
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| Net cash proceeds |
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$ 1,826,000
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| Issuance costs |
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$ 74,000
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| Aggregate share of common stock (in Shares) |
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50,000
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| Expense related to consulting agreement |
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$ 53
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$ 53
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| Number of warrants purchased (in Shares) |
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8,733,625
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8,733,625
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| Exercise price (in Dollars per share) |
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$ 1.30
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| Exercise price (in Dollars per share) |
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$ 3.00
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$ 3.00
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$ 1.86
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| Risk-free interest rate |
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0.73%
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1.49%
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| Expected life in years |
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5 years 9 months
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5 years 9 months 18 days
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| Expected stock volatility percentage |
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106.76%
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79.59%
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| Expected dividend yields percentage |
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| Services agreement, description |
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The Company recorded $28 and $47 as general and administrative expense in the accompanying
condensed consolidated statement of comprehensive loss in relation to the consulting agreement for the three and six months ended June
30, 2020, respectively. The Company recorded $0 and $9 as general and administrative expense in the accompanying condensed consolidated
statement of comprehensive loss in relation to the consulting agreement for the three and six months ended June 30, 2021, respectively.
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The fair value of the warrants were valued on the date of grant
at $355 using the Black-Scholes option-pricing model with the following parameters: (1) risk-free interest rate of 0.19%; (2) expected
life in years of 3.0; (3) expected stock volatility of 100.99%; and (4) expected dividend yield of 0%. The Company recorded $89 and $148
as general and administrative expense in the accompanying consolidated statement of comprehensive loss in relation to the consulting agreement
for the three and six months ended June 30, 2021, respectively.
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| Securities purchase agreement, description |
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the Company entered into a securities purchase agreement (the “Securities Purchase Agreement”) under which
it sold and issued to an institutional investor (the “Holder”), in a registered direct offering, an aggregate of 3,200,000
shares of the Company’s common stock par value $0.0001 per share (the “Common Stock”), and pre-funded warrants to purchase
an aggregate of 5,533,625 shares of Common Stock (the “Pre-Funded Warrants”) at an exercise price of $0.001 per share.
During the three and six months ended June 30, 2021, the Pre-Funded Warrants for 5,533,625 shares
of common stock were exercised which resulted in aggregate proceeds of $0 and $6.
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| Warrants outstanding (in Shares) |
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9,130,821
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9,130,821
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17,058,051
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| Due to exercise units (in Shares) |
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733,625
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| Cash paid payment per share (in Dollars per share) |
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$ 0.10
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| Number warrant issued (in Shares) |
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600,000
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| Received gross proceeds before expenses |
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$ 11,000
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| Outstanding private placement warrants (in Shares) |
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8,000,000
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| Exercisable and expire term |
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5 years
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| Fair alue adjustment of warrants, shares (in Shares) |
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6,000,000
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| Fair value warrants amount |
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$ 6,745,000
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| Expected dividend yields |
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0.00%
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| Deemed dividend |
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$ 6,145,000
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| Cash fees |
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300,000
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| Warrants exercisable (in Shares) |
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8,932,491
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| Description of incentive plan |
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On January 1, 2021, pursuant to an annual evergreen provision, the number
of shares of common stock reserved for future grants was increased by 1,936,669 shares. Under the 2016 Plan, effective as of January 1,
2021, the maximum number of shares of the Company’s common stock authorized for issuance is 7,592,663. As of June 30, 2021, there
were 261,863 shares of common stock available for future grant under the 2016 Plan.
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| Unamortized share-based compensation for stock options |
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$ 2,354,000
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| Weighted-average recognition period |
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1 year 14 days
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| Outstanding options to purchase,shares of common stock were exercisable (in Shares) |
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3,637,864
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3,637,864
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| Weighted-average exercise price per share (in Dollars per share) |
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$ 3.43
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$ 3.43
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| Restricted stock unit (in Shares) |
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160,000
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| Restricted stock units (in Shares) |
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266,000
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| Restricted Stock Units (RSUs) [Member] |
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| Stock-Based Compensation (Details) [Line Items] |
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| Unamortized share-based compensation for stock options |
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$ 1,233,000
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| Weighted-average recognition period |
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11 months 26 days
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| Restricted stock units (in Shares) |
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927,266
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| Restricted stock unit awards granted |
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$ 758,000
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| General and administrative expense |
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$ 241,000
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$ 423,000
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| Private Placement [Member] |
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| Stock-Based Compensation (Details) [Line Items] |
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| Private placement warrants shares (in Shares) |
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8,000,000
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| Private Placement [Member] | Exercise Agreement [Member] |
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| Stock-Based Compensation (Details) [Line Items] |
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| Warrants outstanding (in Shares) |
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8,000,000
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| Executives and Employees [Member] |
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| Stock-Based Compensation (Details) [Line Items] |
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| Number of shares issued (in Shares) |
52,317
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| Director [Member] |
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| Stock-Based Compensation (Details) [Line Items] |
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| Number of shares issued (in Shares) |
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18,209
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| Granted (in Shares) |
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121,237
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| Share price (in Dollars per share) |
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$ 1.04
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$ 1.78
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| Cash compensation for service |
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$ 19,000
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$ 216,000
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| Prepaid compensation amount |
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$ 121,000
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| Share based compensation expense related to stock option |
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$ 60,000
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$ 114,000
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| Minimum [Member] |
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| Stock-Based Compensation (Details) [Line Items] |
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| Expected life in years |
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4 years 11 months 12 days
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| Risk free interest rates minimum |
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0.41%
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| Expected stock volatilities percentage minimum |
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103.00%
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| Maximum [Member] |
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| Stock-Based Compensation (Details) [Line Items] |
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| Risk free interest rates maximum |
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0.57%
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| Expected stock volatilities percentage maximum |
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103.23%
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| Common Stock [Member] |
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| Stock-Based Compensation (Details) [Line Items] |
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| Exercised, shares (in Shares) |
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1,340,870
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14,267,250
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| Percentage of number of shares |
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6.00%
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6.00%
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| Restricted stock unit (in Shares) |
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53,081
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65,915
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30,916
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15,070
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| Common Stock [Member] | Services Agreement [Member] |
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| Stock-Based Compensation (Details) [Line Items] |
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| Number of warrants purchased (in Shares) |
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120,000
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| Warrant term |
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3 years
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| Warrant [Member] | Services Agreement [Member] |
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| Stock-Based Compensation (Details) [Line Items] |
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| Granted (in Shares) |
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60,000
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| Number of warrants purchased (in Shares) |
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340,020
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| Warrant term |
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3 years
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| Exercise price (in Dollars per share) |
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$ 2.16
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| Remaining warrants granted (in Shares) |
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60,000
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| Exercise price (in Dollars per share) |
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$ 3.50
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$ 1.75
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| Fair value of warrants share |
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$ 112,000
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| Risk-free interest rate |
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1.43%
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| Expected life in years |
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3 years
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| Expected stock volatility percentage |
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74.82%
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| Expected dividend yields percentage |
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0.00%
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| New Warrants [Member] |
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| Stock-Based Compensation (Details) [Line Items] |
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| Gross proceeds before expenses (in Shares) |
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6,000,000
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| Exercised, shares (in Shares) |
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8,000,000
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| Cash excercise |
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$ 200,000
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| New Warrants [Member] | Private Placement [Member] |
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| Stock-Based Compensation (Details) [Line Items] |
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| Exercise price (in Dollars per share) |
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$ 2.12
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| Warrants outstanding (in Shares) |
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6,000,000
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| Purchase warrant per share (in Dollars per share) |
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$ 0.75
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| New Warrants [Member] | Private Placement [Member] | Exercise Agreement [Member] |
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| Stock-Based Compensation (Details) [Line Items] |
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| Warrants outstanding (in Shares) |
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8,000,000
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