Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2016

Accounting Policies [Abstract]

Schedule of Computation of Diluted EPS

The Company’s potential common stock equivalents that have been excluded from the computation of Diluted EPS for all periods presented consist of the following:

	THREE MONTHS ENDED   MARCH 31,
	2016	2015
2014 Convertible Notes(1)	5,040,323	5,040,323
Outstanding stock options	5,201,419	4,548,860
Stock purchase warrants	157,500	309,506
Unvested restricted common stock awards	190,670	156,143

(1) Conversion is limited to a 9.985% ownership cap in shares of common stock by the holder. In addition to the common stock equivalents presented above, the 2014 Convertible Notes provide for an increase in the conversion rate if conversion is elected in connection with a significant corporate transaction. Refer to Note 7 for further information regarding the 2014 Convertible Notes.