Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2014

Summary of Reserved Shares of Common Stock for Future Issuance

As of September 30, 2014 and December 31, 2013 based on the authorized shares for each series, the Company has reserved the following shares of common stock for future issuance:

	September 30,		December 31,
	2014		2013
Conversion of Series A Redeemable Convertible Preferred Stock		—		3,672,673
Conversion of Series B Redeemable Convertible Preferred Stock		—		2,253,157
Conversion of Series C Redeemable Convertible Preferred Stock		—		6,296,451
Options to purchase common stock		1,596,538		1,251,398
Shares available for future issuance		1,555,254		155,108
Total		3,151,792		13,628,787

- Definition

Tabular disclosure of temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer.

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