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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2015
Stockholders Equity Note [Abstract]  
Shares of common stock reserved for future issuance
Shares of common stock reserved for future issuance were as follows as of December 31, 2015:
 
Options to purchase common stock
 
 
369,887
 
Shares reserved for issuances pursuant to 2014 Stock Plan
 
 
71,431
 
Warrants
 
 
179,567
 
Total
 
 
620,885
 
Redeemable Convertible preferred stock
 
Convertible preferred stock as of December 31, 2015 consisted of the following:
 
 
 
 
 
 
 
Shares
 
 
 
 
 
Convertible
 
Original
 
Shares
 
Originally
 
Shares
 
Liquidation
 
Preferred Stock
 
Issue Price
 
Designated
 
Issued
 
Outstanding
 
Preference
 
Series A-1
 
$
0.0100
 
 
5,000,000
 
 
5,000,000
 
 
0
 
$
-
 
Series A-2
 
$
1.6996
 
 
1,176,748
 
 
1,176,748
 
 
0
 
$
-
 
Series B
 
$
1,000.00
 
 
2,750
 
 
2,750
 
 
0
 
$
-
 
 
In October 2015, the Company entered into agreements with holders of all of the outstanding Series A and Series B Preferred Stock pursuant to which the holders agreed to exchange all of their outstanding shares of Series A and Series B Preferred Stock for common stock. As a result, as of December 31, 2015, there were no remaining shares of Series A or Series B Preferred Stock outstanding. The previously-outstanding Preferred Stock amounts, along with the newly-issued common stock amounts, are as follows:
 
 
 
Outstanding as of Sept. 30, 2015
 
Newly-Issued Common Stock
 
Series A-1
 
 
212,466
 
 
141,262
 
Series A-2
 
 
161,355
 
 
28,518
 
Series B
 
 
1,102
 
 
420,956
 
Common stock warrants
Common stock warrants outstanding as of December 31, 2015 are listed as follows:
 
Warrants
 
Remaining Contractual
 
Weighted Average
 
Outstanding
 
Life (years)
 
Exercise
 
 
50,000
 
 
6.17
 
$
2.54
 
 
10,870
 
 
4.27
 
$
4.60
 
 
5,762
 
 
4.27
 
$
5.75
 
 
2,699
 
 
4.16
 
$
20.00
 
 
24,750
 
 
3.84
 
$
20.00
 
 
23,858
 
 
3.08
 
$
22.70
 
 
58,628
 
 
0.50
 
$
26.60
 
 
3,000
 
 
1.84
 
$
26.60
 
 
179,567
 
 
3.31
 
$
16.37