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Subsequent Events
12 Months Ended
Dec. 31, 2016
Subsequent Events [Abstract]  
Subsequent Events

Note 17. Subsequent Events

 

Notice of Potential Delisting from The NASDAQ Global Market

The Company’s common stock is currently listed on The NASDAQ Global Market under the symbol “HTGM.” On August 15, 2016, the Company received notice from NASDAQ that its stockholders’ equity as reported in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2016 did not satisfy The NASDAQ Global Market continued listing requirements. Following the Company’s submission to NASDAQ of a plan to regain compliance with the stockholders’ equity requirements in September 2016, NASDAQ granted the Company an extension until February 13, 2017 to regain compliance with the stockholders’ equity requirement. On February 14, 2017, the Company received a letter (the “Delisting Notice”) from NASDAQ stating that the Company did not regain compliance with the stockholders’ equity requirement and that, as a result, its common stock would be removed from listing unless it requested on appeal to a NASDAQ Hearings Panel. On February 21, 2017, the Company appealed the delisting determination to a NASDAQ Hearings Panel (the “Panel”), pursuant to the procedures set forth in the NASDAQ Listing Rule 5800 series. The hearing request will stay any delisting action in connection with the Delisting Notice and allow the continued listing of the Company’s common stock on The NASDAQ Global Market until the Panel renders a decision. A hearing before the Panel has been scheduled for March 30, 2017.