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Organization, Liquidity and Management's Plan, and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Schedule of Computation of Basic and Diluted Net Loss per Common Share

The following table presents the computation of basic and diluted net loss per common share:

 

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

Historical net loss per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(5,171,634

)

 

$

(3,692,793

)

 

$

(10,393,534

)

 

$

(7,279,781

)

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

24,387,148

 

 

 

17,700,774

 

 

 

23,528,353

 

 

 

13,692,258

 

 

Less: Weighted-average shares subject to repurchase

 

 

(268,261

)

 

 

(595,400

)

 

 

(287,571

)

 

 

(631,682

)

 

Denominator for basic and diluted net loss per share

 

 

24,118,887

 

 

 

17,105,374

 

 

 

23,240,782

 

 

 

13,060,576

 

 

Basic and diluted net loss per share

 

$

(0.21

)

 

$

(0.22

)

 

$

(0.45

)

 

$

(0.56

)

 

 

Schedule of Potentially Dilutive Securities Not Included in Calculation of Diluted Net Loss per Share

Potentially dilutive securities that are not included in the calculation of diluted net loss per share because their effect is anti-dilutive are as follows (in common equivalent shares):

 

 

 

As of June 30,

 

 

 

2017

 

 

2016

 

Common stock warrants

 

 

12,479,837

 

 

 

9,667,500

 

Restricted stock units

 

 

56,750

 

 

 

61,063

 

Common stock subject to repurchase

 

 

245,096

 

 

 

559,745

 

Common stock options

 

 

1,594,894

 

 

 

886,212

 

Shares issuable upon conversion of debt

 

 

3,597,271

 

 

 

3,170,311

 

 

 

 

17,973,848

 

 

 

14,344,831