Basis of Presentation and Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2017

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Computation of basic and diluted net income (loss) per share

The following table sets forth the computation of basic and diluted net income (loss) per share for the periods indicated:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
Basic net (loss) income per common share calculation:
Net (loss) income attributable to common stockholders	$	(17,192	)	$	(9,385	)	$	(41,699	)	$	18,365
Less: undistributed earnings to participating securities	—			—			—			(15,253		)
Net (loss) income attributable to common stockholders — basic	(17,192		)	(9,385		)	(41,699		)	3,112
Weighted average common shares outstanding — basic	4,067,717			4,050,065			4,067,717			4,049,800
Net (loss) income per share of common stock — basic	$	(4.23	)	$	(2.32	)	$	(10.25	)	$	0.77
Diluted net (loss) income per common share calculation:
Net (loss) income attributable to common stockholders	$	(17,192	)	$	(9,385	)	$	(41,699	)	$	18,365
Less: undistributed earnings to participating securities	—			—			—			(15,253		)
Net (loss) income attributable to common stockholders — diluted	(17,192		)	(9,385		)	(41,699		)	3,112
Weighted average common shares outstanding — basic	4,067,717			4,050,065			4,067,717			4,049,800
Stock options	—			—			—			925,212
Weighted average common shares outstanding — diluted	4,067,717			4,050,065			4,067,717			4,975,012
Net (loss) income per share of common stock — diluted	$	(4.23	)	$	(2.32	)	$	(10.25	)	$	0.63

Schedule of Antidilutive shares excluded from earnings per share

Diluted net income (loss) per common share for the periods presented do not reflect the following potential common shares, as the effect would be antidilutive:

	Three Months Ended September 30,		Nine Months Ended September 30,
	2017	2016	2017	2016
Stock options	4,583,133	3,088,292	4,583,148	1,368,542
Common stock warrants	1,890,489	1,890,489	1,890,489	1,890,489
Convertible debt	—	639,129	—	639,129
Convertible preferred stock	25,068,556	19,855,772	25,068,556	19,855,772
Total	31,542,178	25,473,682	31,542,193	23,753,932