Summary of Significant Accounting Polices (Tables)

3 Months Ended

Mar. 31, 2015

Summary of Significant Accounting Polices

Schedule of potentially dilutive securities excluded from calculation of diluted net loss per share

Potentially dilutive securities that have been excluded from the calculation of diluted net loss per share for the three months ended March 31, 2015, because to do so would be anti-dilutive, are as follows (in common equivalent shares):

	March 31, 2015
Common stock warrants	242,779
Common stock options	2,234,191
Total	2,476,970

Summary of computation of basic and diluted net (loss) income per share

	Three Months Ended March 31
	2015			2014
Numerator
Net (loss) income	(8,538,361		)	$	839,293
Less net income attributable to participating preferred stock	—			(829,180		)
Net (loss) income attributable to common stockholders	(8,538,361		)	$	10,113
Denominator
Denominator for basic and diluted net loss per share	21,282,692			106,309
Effect of dilutive securities:
Stock options	—			715,869
Denominator for diluted net (loss) income per share	21,282,692			822,178
Net (loss) income per share, basic	$	(0.40	)	$	0.10
Net (loss) income per share, diluted	$	(0.40	)	$	0.01