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Stockholders' Equity (Deficit) (Tables)
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Summary of Preferred Stock Allocated to Investors

The Purchase Agreement provides for the Company to issue and sell to the Investor shares of the Company’s preferred stock in the amounts set forth in the following table (numbers have been adjusted for the February 2016 reverse stock split):

 

Convertible Preferred Stock

   Shares      Price Per Share      Total Investment  

Series AA-1

     8,427,004      $ 12.00      $ 101,124,048  

Series AA-2

     7,223,145      $ 6.00        43,338,870  
  

 

 

       

 

 

 
     15,650,149         $ 144,462,918