Stockholders' Equity

9 Months Ended

Sep. 30, 2017

Equity [Abstract]

Stockholders' Equity

13. Stockholders’ Equity

At-the-Market Equity Offering (ATM)

In March 2017, the Company entered into a Sales Agreement with Cantor Fitzgerald & Co., or Cantor, pursuant to which the Company can sell up to $20.0 million of shares of common stock from time to time through Cantor, acting as the sales agent, in an at-the-market offering. As of September 30, 2017, the Company had sold 170,191 shares of common stock under the Sales Agreement at an average price of $2.37 per share. Net proceeds were approximately $391,000, after deducting sales commissions.