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Stockholders' Equity
12 Months Ended
Dec. 31, 2015
Stockholders' Equity  
Stockholders' Equity

10. Stockholders' Equity

Common Stock

        The Company's second amended and restated certificate of incorporation authorizes the Company to issue 50,000,000 shares of common stock $0.0001 par value. The holders of common stock are entitled to one vote for each share of common stock held at all meetings of stockholders. The number of authorized shares of common stock may be increased or decreased by the affirmative vote of the holders of shares of capital stock of the Company representing a majority of the votes represented by all shares (including Preferred Stock) entitled to vote.

        As of December 31, 2015, the Company had reserved shares of common stock for issuance as follows:

                                                                                                                                                                                    

 

 

December 31,
2015

 

December 31,
2014

 

Options issued and outstanding

 

 

919,506 

 

 

659,554 

 

Options available for grant

 

 

106,833 

 

 

119,077 

 

RSUs issued and outstanding

 

 

55,536 

 

 

68,902 

 

Warrants issued and outstanding

 

 

748,872 

 

 

494,267 

 

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​  

​  

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Total

 

 

1,830,747 

 

 

1,341,800 

 

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Preferred Stock

        The Company's second amended and restated certificate of incorporation authorizes the Company to issue 10,000,000 shares of preferred stock $0.0001 par value. No shares of preferred stock were issued or outstanding at December 31, 2015 or 2014.