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Subsequent Events
12 Months Ended
Dec. 31, 2017
Subsequent Events  
Subsequent Events

16. Subsequent Events

        The Company considers events or transactions that occur after the balance sheet date but prior to the issuance of the financial statements to provide additional evidence for certain estimates and to identify matters that require additional disclosure. Subsequent events have been evaluated as required.

Sales Agreement

        Subsequent to December 31, 2017, the Company sold an aggregate of 5,390,255 shares of common stock pursuant to the Second ATM Program, at an average price of $1.59 per share, for gross proceeds of $8.6 million, resulting in net proceeds of $8.3 million after deducting sales commissions and offering expenses. The Second ATM Program was fully utilized as of the date of issuance of these financial statements.