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Subsequent Events
12 Months Ended
Dec. 31, 2017
Subsequent Events [Abstract]  
Subsequent Events

10.SUBSEQUENT EVENTS

 

A&B Warrant Exercise and License Agreement

 

On February 28, 2018, A&B   executed their notice to exercise 555,556 warrants issued on January 7, 2016, at an exercise price of $6.75 for gross proceeds to the Company of approximately $3.8 million.

 

On March 2, 2018, the Company, NHC and A&B entered into an agreement to negotiate an exclusive license agreement to grant A&B exclusive license rights to commercialize the PoNS device and components in additional territories in Asia.