The fair value of the 2020 Lincoln Park Warrants was recorded on issuance as a debt discount of $314,441. For the three and six months ended June 30, 2020, the fair value of the warrants increased by $270,000 and $215,559, respectively, and was recognized as current period other expense in the Company’s condensed consolidated statement of operations. As of June 30, 2020, the fair value of the warrants on the Company’s condensed consolidated balance sheet was $525,559.