Initial Public Offering

9 Months Ended

Sep. 30, 2014

Initial Public Offering

Initial Public Offering

10. Initial Public Offering

During the third quarter of 2014, we completed our initial public offering.  In connection with the initial public offering, we sold a total of 5,758,000 shares of common stock and received aggregate net proceeds, after underwriting discounts and commissions and other estimated offering expenses, of approximately $41.2 million.  The conversion of our outstanding shares of convertible preferred stock resulted in the issuance of 7,662,091 shares of common stock, including 220 shares which converted upon the exercise of warrants to purchase convertible preferred stock.