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Outstanding Debt (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Summary of the Notes by Maturity Dates

The following table provide a summary of the outstanding Note at December 31, 2019:

(in millions)

 

Conversion

price

 

 

Current interest

rate

 

 

Principal

 

Long term convertible notes payable

 

 

 

 

 

 

 

 

 

 

 

 

8.0% July 2019 Notes

 

$

1,500

 

 

 

8

%

 

$

2.0

 

The following table provides a summary of the Notes by their maturity dates (absent provisions of default) at December 31, 2018:

 

(in millions)

 

Interest

rate

 

Conversion

price

 

 

Principal

 

 

Unamortized

Discount

 

 

Carrying

value

 

December 4, 2018

 

8.0%

 

$

1.75

 

 

$

1.7

 

 

$

 

 

$

1.7

 

March 1, 2019

 

8.0%

 

 

1.75

 

 

 

0.6

 

 

 

(0.5

)

 

 

0.1

 

March 21, 2019

 

8.0%

 

 

1.75

 

 

 

0.4

 

 

 

(0.2

)

 

 

0.2

 

December 4, 2019

 

8.0%

 

 

1.75

 

 

 

0.9

 

 

 

(0.9

)

 

 

 

March 1, 2020

 

8.0%

 

 

1.75

 

 

 

0.8

 

 

 

(0.8

)

 

 

 

March 21, 2020

 

8.0%

 

 

1.75

 

 

 

0.1

 

 

 

(0.1

)

 

 

 

Total Convertible Notes Payable,

   net

 

 

 

 

 

 

 

$

4.5

 

 

$

(2.5

)

 

$

2.0