XML 44 R31.htm IDEA: XBRL DOCUMENT v3.7.0.1
Warrants (Tables)
12 Months Ended
Dec. 31, 2016
Roll-forward of Preferred Stock Warrants

The following represents the common stock issued or assumed during the years ended December 31, 2015. All warrants are exercisable for Common Stock.

 

                                Number of Shares
Underlying Warrants
 
                                For the Year Ended
December 31,
 

Warrants

  Issue Date      Classification      Exercise
Price
     Expiration
Date
     2016      2015  

Private Placement Warrants

    June 15, 2015        Equity      $ 7.56        June 15, 2020        3,190,030        3,190,030  

Hercules Warrants

    June 15, 2015        Equity      $ 8.35        June 16, 2020        25,150        25,150  

MTS Warrants

    August 31, 2015        Equity      $ 11.80        August 31, 2020        30,000        30,000  

Warrants Assumed in Merger

                

Series A Warrants

    March-May 2014        Equity      $ 17.83        March-May 2016        —        1,219,000  

Representative’s Warrants

    March 21, 2014        Equity      $ 22.66        March 21, 2019        37,100        37,100  

Underwriter’s Warrants

    March 21, 2014        Equity      $ 22.66        March 21, 2019        2,160        2,160  

At December 31, 2016, the intrinsic value of the common stock warrants outstanding was $0.

Preferred Stock Warrants [Member]  
Roll-forward of Preferred Stock Warrants

A roll-forward of the Preferred Stock Warrants is as follows:

 

     Preferred Stock
Warrants
     Estimated Fair
Value
 

Balance — January 1,2015

     14,544,247      $ 1,309  

Decrease in estimated fair value of warrants

     —        (1,309

Cancellation and gain (loss) on extinguishment

     (14,544,247      —  
  

 

 

    

 

 

 

Balance — December 31, 2015

     —      $ —