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Basic and Diluted Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Common Equivalent Shares were Excluded From Diluted Net Loss Per Share Calculation because their Inclusion would have been Anti-Dilutive

The following common equivalent shares were excluded from the diluted net loss per share calculation because their inclusion would have been anti-dilutive:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Stock options

 

 

2,469,553

 

 

 

1,846,853

 

 

 

2,469,553

 

 

 

1,846,853

 

Non-vested market-based restricted stock units

 

 

286,000

 

 

 

 

 

 

286,000

 

 

 

 

Non-vested restricted stock units

 

 

286,000

 

 

 

 

 

 

286,000

 

 

 

 

Total

 

 

3,041,553

 

 

 

1,846,853

 

 

 

3,041,553

 

 

 

1,846,853

 

 

Schedule of Common Stock Reserved

 

The amount of such shares of the Company’s common stock reserved for these purposes at September 30, 2017 is as follows:

 

 

 

Number of

Shares

 

Stock options issued and outstanding

 

 

2,469,553

 

Additional shares available for grant under equity plans

 

 

2,436,005

 

Total

 

 

4,905,558