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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2016
Stockholders' Equity Note [Abstract]  
Summary of preferred stock authorized, issued and outstanding
The following is a summary of the Company's authorized and issued common and preferred stock as of June 30, 2016 and December 31, 2015:
 
 
 
 
 
Outstanding as of
 
Authorized
 
Issued
 
June 30,
2016
 
December 31, 2015
Common Stock, par $0.001
600,000,000

 
73,482,859

 
73,482,859

 
72,217,965

Series A Preferred Stock, par $0.001
1,000

 
817

 

 

Series B Preferred Stock, par $0.001
1,000

 
750

 

 

Series C Preferred Stock, par $0.001
1,091

 
1,091

 
23

 
23

Series D Preferred Stock, par $0.001
1,966,292

 
1,966,292

 

 

Summary of warrants outstanding
The following table summarizes the warrants outstanding as of June 30, 2016 and December 31, 2015:
 
 
 
 
 
 
 
As of June 30, 2016
 
As of December 31, 2015
Issued in Connection With:
 
Exercise
Price
 
Expiration
Date
 
Number of
Warrants
 
Common Stock
Warrant Liability
 
Number of
Warrants
 
Common Stock
Warrant Liability
March 2013 financing
 
$
3.17

 
September 12, 2018
 
284,091

 
$
1,815,343

 
284,091

 
$
1,301,138

Warrants assumed in June 2009 Merger
 
$4.08-$5.08

 
April 28, 2016
 

 

 
276,813

 

Total
 
 
 
 
 
284,091

 
$
1,815,343

 
560,904

 
$
1,301,138