XML 40 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue        
Revenue $ 77,666   $ 203,195  
Operating expenses        
Cost of revenue 36,634   87,889  
Research and development expense 1,239,831 $ 1,126,436 4,414,162 $ 3,275,991
Sales and marketing expense 165,745   519,275  
General and administrative expense 1,390,429 1,455,605 3,784,272 3,196,120
Total operating expenses 2,832,639 2,582,041 8,805,598 6,472,111
Loss from operations (2,754,973) (2,582,041) (8,602,403) (6,472,111)
Interest expense, net (163,594) (148,220) (3,033,238) (168,384)
Other income (42,104)   (23,471)  
Change in fair value of warrants     (501,617)  
Net loss and comprehensive loss (2,960,671) (2,730,261) (12,160,729) (6,640,495)
Accretion of redeemable convertible preferred stock   (180,832) (346,374) (465,841)
Net loss attributable to common stockholders $ (2,960,671) $ (2,911,093) $ (12,507,103) $ (7,106,336)
Net loss per share attributable to common stockholders, basic and diluted (in dollars per share) $ (0.36) $ (1.01) $ (2.28) $ (2.49)
Weighted-average common shares outstanding, basic and diluted (in shares) 8,123,293 2,874,330 5,488,655 2,848,467