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Nature of Business and Basis of Presentation (Tables)
12 Months Ended
Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Error Corrections and Prior Period Adjustments The following table shows the amounts of additional paid-in capital, accumulated deficit, deemed dividends on preferred stock and amortization of BCF, and gain on redemption of preferred stock for the applicable periods, as previously reported and as corrected in the Consolidated Statements of Redeemable Preferred Stock and Stockholders’ Equity and Consolidated Balance Sheets (in thousands):
As Previously ReportedAs Corrected
Additional Paid-in CapitalAccumulated DeficitAdditional Paid-in CapitalAccumulated Deficit
Balance at December 31, 2016$216,104  $(53,867) $191,308  $(29,071) 
Deemed dividends on preferred stock and amortization of beneficial conversion feature805  (10,547) (9,742) —  
Balance at December 31, 2017230,030  (58,422) 194,687  (23,079) 
Deemed dividends on preferred stock and amortization of beneficial conversion feature*419  (5,627) (5,208) —  
Gain on redemption of preferred stock—  9,075  9,075  —  
Balance at December 31, 2018372,186  (51,258) 340,291  (19,363) 

*The deemed dividends on preferred stock and amortization of beneficial conversion feature within additional paid-in capital as previously reported as shown here reflects a $21.3 million reclassification to the redemption of Series A preferred stock within additional paid-in capital. As discussed above, such presentation reclassifications have no impact to total paid-in capital for any period.
The following table shows the amounts of the redemption of preferred stock, deemed dividends on preferred stock and amortization of BCF, and gain on redemption of preferred stock for the applicable periods, as previously reported and as currently reported in the Consolidated Statements of Redeemable Preferred Stock and Stockholders’ Equity (in thousands):

As Previously ReportedAs Currently Reported
Series A Redeemable Convertible Preferred StockImmaterial Correction of an ErrorReclassificationSeries A Redeemable Convertible Preferred Stock
Balance at December 31, 2017$32,615  $—  $—  $32,615  
Redemption of Series A Preferred Stock(50,096) —  12,273  (37,823) 
Deemed dividends on preferred stock and amortization of beneficial conversion feature8,406  18,150  (21,348) 5,208  
Gain on redemption of preferred stock9,075  (18,150) 9,075  —  
Balance at December 31, 2018$—  $—  $—  $—