Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Principles (Tables)

v3.19.3
Summary of Significant Accounting Principles (Tables)
6 Months Ended
Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Error Corrections and Prior Period Adjustments
The following tables present the effect of the correction discussed above on selected line items of our previously reported consolidated balance sheet, consolidated statement of operations and statement of cash flows as of and for the three and six months ended June 30, 2019.

Condensed Consolidated Balance Sheet
June 30, 2019
As originally reported Adjustments As restated
Warrant liability $ 33,529,599    $ (17,653,184)   $ 15,876,415   
Additional paid-in capital 139,670,292    857,072    140,527,364   
Accumulated deficit (184,764,188)   16,796,113    (167,968,075)  
Total shareholders' deficit (45,027,814)   17,653,185    (27,374,629)  

Condensed Consolidated Statement of Operations
Three Months Ended June 30, 2019 Six Months Ended June 30, 2019
As originally reported Adjustments As restated As originally reported Adjustments As restated
Interest expense, net $ 32,718,876    $ (16,796,113)   $ 15,922,763    $ 34,496,459    $ (16,796,113)   $ 17,700,346   
Net loss (36,856,313)   16,796,113    (20,060,200)   (43,120,485)   16,796,113    (26,324,372)  
Net loss attributable to common stockholders (36,942,520)   16,796,113    (20,146,407)   (43,206,692)   16,796,113    (26,410,579)  
Net loss attributable to common stockholders per share - basic and diluted $ (0.61)   $ 0.28    $ (0.33)   $ (0.71)   $ 0.28    $ (0.44)  


Condensed Consolidated Statement of Cash Flows
Six Months Ended June 30, 2019
As originally reported Adjustments As restated
Net loss (43,120,485)   16,796,113    (26,324,372)  
Change in fair value of warrants 31,706,780    (16,796,112)   14,910,668