Annual report pursuant to Section 13 and 15(d)

Subsequent Events

v3.20.1
Subsequent Events
12 Months Ended
Dec. 31, 2019
Subsequent Events [Abstract]  
Subsequent Events
15. Subsequent Event
In February 2020, the Board of Directors of the Company approved a
1-for-10
reverse stock-split of the Company’s outstanding shares of common stock, warrants and options outstanding and available for future issuance. The stock split became effective on February 3, 2020. Accordingly, all share and per share amounts for all periods presented in the accompanying financial statements and notes thereto have been retroactively adjusted, where applicable, to reflect this reverse stock split. Shares of common stock underlying outstanding stock options and other equity instruments were proportionately decreased and the respective per share value and exercise prices, if applicable, were proportionately increased in accordance with the terms of the agreements governing such securities. In addition, the Board of Directors approved a decrease in the number of authorized shares of common stock from 200,000,000 shares to 125,000,000 shares.