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Organization, Liquidity and Management's Plan, and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2016
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Schedule of Computation of Basic and Diluted Net Loss per Common Share

The following table presents the computation of basic and diluted net loss per common share:

 

 

 

Three months ended March 31,

 

 

2016

 

 

2015

 

 

Historical net loss per share

 

 

 

 

 

 

 

 

 

Numerator

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(3,586,988

)

 

$

(5,711,415

)

 

Denominator

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

9,683,741

 

 

 

6,000,000

 

 

Less: Weighted-average shares subject to repurchase

 

 

(667,963

)

 

 

(1,926,391

)

 

Denominator for basic and diluted net loss per share

 

 

9,015,778

 

 

 

4,073,609

 

 

Basic and diluted net loss per share

 

$

(0.40

)

 

$

(1.40

)

 

 

 

Schedule of Potentially Dilutive Securities Not Included in Calculation of Diluted Net Loss per Share

Potentially dilutive securities that are not included in the calculation of diluted net loss per share because their effect is anti-dilutive are as follows (in common equivalent shares):

 

 

 

 

Three months ended March 31,

 

 

 

2016

 

 

2015

 

Common stock warrants

 

 

82,500

 

 

 

 

Restricted stock units

 

 

75,750

 

 

 

 

Common stock subject to repurchase

 

 

667,963

 

 

 

1,741,670

 

Common stock options

 

 

846,212

 

 

 

 

Shares issuable upon conversion of debt

 

 

4,084,611

 

 

 

647,465

 

 

 

 

5,757,036

 

 

 

2,389,135