Annual report pursuant to Section 13 and 15(d)

STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY

v3.3.1.900
STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Balance at Dec. 31, 2012 $ (11,287) $ 19 $ 9,981 $ (21,287)
Balance (in shares) at Dec. 31, 2012   1,924,813    
Issuance of shares for services, net of commission expense 0      
Stock-based compensation - stock options 16,148 $ 0 16,148 0
Issuance of Restricted common stock 35,464 $ 1 35,463 0
Issuance of Restricted common stock (in shares)   88,882    
Common stock sold on January 28, 2013 to founder at $0.0052 per share 417 $ 1 416 0
Common stock sold on January 28, 2013 to founder at $0.0052 per share (in shares)   80,201    
Common stock sold on March 4, 2013 to affiliate of a director at $0.24 per share 160,000 $ 7 159,993 0
Common stock sold on March 4, 2013 to affiliate of a director at $0.24 per share (in shares)   668,338    
Common stock sold on May 7, 2013 to third party investor at $0.24 per share 4,800 $ 0 4,800 0
Common stock sold on May 7, 2013 to third party investor at $0.24 per share (in shares)   20,051    
Repurchase and retirement of restricted common stock from consultant on November 30, 2013 at $0.40 per share (29,553) $ (1) (29,552) 0
Repurchase and retirement of restricted common stock from consultant on November 30, 2013 at $0.40 per share (in shares)   (74,068)    
Extinguishment of derivative for consulting warrant and financing warrant on June 25, 2014 0      
Net loss (5,521,081) $ 0 0 (5,521,081)
Balance at Dec. 31, 2013 (5,345,092) $ 27 197,249 (5,542,368)
Balance (in shares) at Dec. 31, 2013   2,708,217    
Issuance of shares for services, net of commission expense 900,000 $ 2 899,998 0
Issuance of shares for services, net of commission expense (in shares)   210,527    
Stock-based compensation - stock options 1,333,943 $ 0 1,333,943 0
Stock-based compensation - IR warrants 263,972 0 263,972 0
Stock-based compensation - restricted stock units ("RSUs") 900,063 0 900,063 0
Stock-based compensation - shares issued to consultant for services rendered 50,000 $ 0 50,000 0
Stock-based compensation - shares issued to consultant for services rendered (in shares)   5,353    
Initial public offering on April 2, 2014, net of underwriter's discount and offering costs of $2,816,149 24,783,851 $ 46 24,783,805 0
Initial public offering on April 2, 2014, net of underwriter's discount and offering costs of $2,816,149 (in shares)   4,600,000    
Conversion of convertible notes on April 2, 2014 26,790,177 $ 19 26,790,158 0
Conversion of convertible notes on April 2, 2014 (in shares)   1,930,128    
Sale of IPO underwriter warrant on April 2, 2014 1,000 $ 0 1,000 0
Extinguishment of derivative for consulting warrant and financing warrant on June 25, 2014 5,752,000 0 5,752,000 0
Shares issued to landlord for prepaid rent 500,000 $ 0 500,000 0
Shares issued to landlord for prepaid rent (in shares)   41,563    
Secondary offering net of underwriter's discount and offering costs 20,993,759 $ 33 20,993,726 0
Secondary offering net of underwriter's discount and offering costs (in shares)   3,285,714    
Net loss (45,603,110) $ 0 0 (45,603,110)
Balance at Dec. 31, 2014 31,320,563 $ 127 82,465,914 (51,145,478)
Balance (in shares) at Dec. 31, 2014   12,781,502    
Issuance of shares for services, net of commission expense 147,900 $ 0 147,900 0
Issuance of shares for services, net of commission expense (in shares)   15,000    
Stock-based compensation - stock options 1,037,399 $ 0 1,037,399 0
Stock-based compensation - IR warrants 85,831 0 85,831 0
Stock-based compensation - restricted stock units ("RSUs") 4,225,728 0 4,225,728 0
Stock-based compensation - employee stock purchase plan ("ESPP") 113,217 0 113,217 0
Stock-based compensation - performance share units ("PSUs") 489,239 0 489,239 0
Issuance of shares for PSUs 0 $ 0 0 0
Issuance of shares for PSUs (in shares)   1,072    
Issuance of Restricted common stock 0 $ 3 (3) 0
Issuance of Restricted common stock (in shares)   304,340    
Exercise of stock options 65,647 $ 0 65,647 0
Exercise of stock options (in shares)   21,786    
Disgorgement on account of short swing profit 12,611 $ 0 12,611 0
Cashless exercise of warrants 0 $ 1 (1) 0
Cashless exercise of warrants (in shares)   128,480    
Shares purchased from contributions to the ESPP   46,023    
Shares purchased from contributions to the ESPP 289,787 $ 0 289,787 0
Extinguishment of derivative for consulting warrant and financing warrant on June 25, 2014 0      
Secondary offering net of underwriter's discount and offering costs 19,048,456 $ 30 19,048,426 0
Secondary offering net of underwriter's discount and offering costs (in shares)   3,000,005    
Net loss (27,561,702) $ 0 0 (27,561,702)
Balance at Dec. 31, 2015 $ 29,274,676 $ 161 $ 107,981,695 $ (78,707,180)
Balance (in shares) at Dec. 31, 2015   16,298,208