Restatement of Previously Issued Financial Statements

6 Months Ended

Jun. 30, 2016

Accounting Changes and Error Corrections [Abstract]

Restatement of Previously Issued Financial Statements

Note 7. Restatement of Previously Issued Financial Statements

On August 9, 2016, the Company restated its audited financial statements for the year ended December 31, 2015 and its unaudited financial statements for the quarter ended March 31, 2016, to record a non-cash premium associated with its convertible notes, which converted in November 2015, to additional paid-in capital. The restatement had no impact on the Company’s cash, total assets, total stockholders’ equity, loss from operations, or total cash flows.