Shareholders’ Deficit Shareholders’ Deficit

6 Months Ended

Jun. 30, 2020

Equity [Abstract]

Shareholders’ Deficit

Shareholders’ Equity

Preferred Stock

As of June 30, 2020 and December 31, 2019, 3,906 shares of Series C-1² Convertible Preferred Stock (“Series C-1² Preferred”) were issued, outstanding and convertible into 6,735,378 shares of common stock. In January 2019, the Company issued 782,031 shares of common stock upon the conversion of 2,737 shares of Series F Convertible Preferred Stock. As of June 30, 2020 and December 31, 2019, there were no shares of Series F Convertible Preferred Stock issued and outstanding.

Warrants

As of June 30, 2020 and December 31, 2019, the Company had outstanding warrants to purchase 10,000 shares of common stock. The Company did not recognize share-based compensation expense for these outstanding warrants for the three and six months ended June 30, 2020 and 2019.