XML 32 R16.htm IDEA: XBRL DOCUMENT v3.19.2
Common Stock
6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
Common Stock

9. COMMON STOCK

 

On August 4, 2017, the Company completed a public offering of 4,168,750 shares of its common stock, offered to the public at $2.25 per share. Net proceeds to the Company from this offering were approximately $8,670,000 after deducting underwriting discounts and commissions paid by the Company. Direct offering costs totaling approximately $157,000 were recorded as a reduction to the net proceeds on the statement of stockholders’ equity.