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Common Stock Warrants and Common Stock Warrant Liability (Tables)
9 Months Ended
Sep. 30, 2017
Warrants and Rights Note Disclosure [Abstract]  
Schedule of common stock warrant activity

The table summarizes the common stock warrant activity as of September 30, 2017 as follows:

 

    Number                    
    of     Date           Exercise  
Common  Stock Warrants   Warrants     Issued     Term     Price  
Outstanding at December 31, 2015     610,487                        
Initial Public Offering Underwriter     187,500     December 2016       5 years     $ 9.60  
Marketing and Development Services     100,000     February 2016       5 years(1)     $ 7.50  
Other Advisory Services     40,000     August 2016       3 years(1)     $ 7.50  
Promissory Notes     9,031     March 2016       3 years(1)     $ 7.50  
Warrants issued     336,531                        
Warrants exercised     (117,733 )                      
Outstanding at December 31, 2016     829,285                        
Warrants issued                            
Warrants exercised                            
Outstanding at September 30, 2017     829,285                        

 

(1) The warrants also terminate, if not exercised by the earlier of (i) December 13, 2018, or the second anniversary of the closing of an initial public offering of common stock; or (ii) a liquidation, dissolution or winding up of the Company.