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Subsequent Events
6 Months Ended
Jun. 30, 2017
Subsequent Events [Abstract]  
Subsequent Events

Note 15. Subsequent Events

 

Notice of Potential Delisting from The NASDAQ Capital Market

 

The Company’s common stock is currently listed on The NASDAQ Capital Market under the symbol “HTGM.” On July 31, 2017, the Company received notice from NASDAQ that the Company’s Market Value of Listed Securities (“MVLS”) did not satisfy The NASDAQ Capital Market continued listing requirements set forth in NASDAQ Stock Market Rule 5550(b)(2), nor does the Company satisfy alternative continued listing criteria under the stockholders’ equity or net income standards. The NASDAQ continued listing rules provide the Company a compliance period of 180 calendar days in which to regain compliance with the MVLS requirements. If at any time during this compliance period the Company’s MVLS closes at $35 million or more for a minimum of ten consecutive business days, the Company will regain compliance with NASDAQ’s continued listing requirements. In the event the Company does not regain compliance prior to the expiration of the compliance period, the Company’s common stock will be subject to delisting. There can be no assurance that the Company will be able to regain compliance with the MVLS requirement.