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Subsequent Event
3 Months Ended
Mar. 31, 2016
Subsequent Event

Note 15. Subsequent Event

Sales Agreement

On May 5, 2016, the Company entered into Amendment No. 2 (“Amendment No. 2”) to the Controlled Equity OfferingSM Sales Agreement, dated August 31, 2012, as previously amended on March 21, 2014 (as amended, the “Amended Cantor Agreement”) with Cantor. As amended by Amendment No. 2, the Amended Cantor Agreement now provides for the issuance and sale of shares of the Company’s common stock over the term of the Amended Cantor Agreement having an aggregate offering price of up to $62.2 million through Cantor. As a result of Amendment No. 2, at May 5, 2016, the Company had $70 million of common stock available to be sold under the Amended Cantor Agreement.