FAIR VALUE (Tables)

9 Months Ended

Sep. 30, 2020

Fair Value Disclosures [Abstract]

SCHEDULE OF FAIR VALUE OF FINANCIAL INSTRUMENTS MEASURED ON RECURRING BASIS

The following table sets forth the fair value of the Company’s financial assets and liabilities measured on a recurring basis by level within the fair value hierarchy (in thousands):

	September 30, 2020
	Level 1		Level 2		Level 3		Total
Liabilities:
Common stock warrant liability	$	–	$	–	$	7,233	$	7,233
Total	$	–	$	–	$	7,233	$	7,233

	December 31, 2019
	Level 1		Level 2		Level 3		Total
Assets:
Money market funds	$	2,019	$	–	$	–	$	2,019
Commercial paper		–		11,064		–		11,064
Corporate debt securities		–		8,982		–		8,982
U.S. government debt securities		–		3,770		–		3,770
Total	$	2,019	$	23,816	$	–	$	25,835
Liabilities:
Contingent consideration	$	–	$	–	$	31	$	31
Total	$	–	$	–	$	31	$	31

SCHEDULE OF FAIR VALUE ASSUMPTIONS OF WARRANTS LIABILITY

The following assumptions were used in estimating the fair value of the warrant liability as of September 30, 2020 and upon the issuance date of February 14, 2020:

	September 30, 2020			February 14, 2020
Stock price	$	1.04		$	1.69
Exercise price	$	2.80		$	2.80
Risk-free rate		0.41	%		1.51	%
Volatility		99.6	%		93.40	%
Term		6.37			6.99