Stock Warrants

3 Months Ended

Mar. 31, 2020

Stockholders Equity Note [Abstract]

Stock Warrants

7. Stock Warrants

As of March 31, 2020, the Company has issued warrants to purchase an aggregate of 7,556,323 shares of common stock. The Company’s warrant activity for the three months ended March 31, 2020 is summarized as follows:

			Weighted		Weighted
			Average		Average
	Number of		Exercise		Remaining
	Shares		Price		Contractual Life (years)
Outstanding at December 31, 2019		7,556,323	$	4.45		2.8
Granted		—	$	—
Forfeited		—		—
Outstanding at March 31, 2020		7,556,323	$	4.45		2.5
Exercisable at March 31, 2020		7,556,323	$	4.45		2.5

As of March 31, 2020, the outstanding warrants have no intrinsic value.