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Essentialis, Inc. Acquisition (Tables)
 3 Months Ended
Mar. 31, 2017
Business Combinations [Abstract]  
Schedule of Purchase Price Consideration
The aggregate purchase price consideration was as follows:

Fair value of stock consideration
$
18,785,926

Fair value of contingent consideration
1,090,125

Total purchase price consideration
$
19,876,051


The fair value of the asset acquired is as follows:

Patents
19,876,051

Net Assets Acquired
$
19,876,051
Pro Forma Information
The unaudited pro forma financial information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of fiscal 2016 or 2017.

 
March 31,
March 31,
 
2017
2016
Pro forma total revenue
$
265

$
447

Pro forma net loss
$
(4,233
)
$
(3,814
)
Pro forma net loss per share - basic and diluted
$
(0.09
)
$
(0.1
)
Proforma weighted-average shares - basic and diluted
44,841,090

38,759,486