Correction of Previously Issued Financial Data

9 Months Ended

Sep. 30, 2015

Accounting Changes and Error Corrections [Abstract]

Correction of Previously Issued Financial Data

3. Correction of Previously Issued Financial Data

Due to an error in the calculation of the weighted average shares for each of the periods disclosed in the Form 10-Q for the quarterly period ended June 30, 2015, the reported net loss per share and weighted average shares were incorrect. The following tables set forth the effects of the corrected calculation for three and six months ended June 30, 2015 and June 30, 2014, respectively.


	For the Three Months Ended June 30, 2015						For the Six Months Ended June 30, 2015
	As Reported			As Corrected			As Reported			As Corrected
Net loss attributable to common stockholders	$	(14,897	)	$	(14,897	)	$	(16,699	)	$	(16,699	)

Net loss per share attributable to common stockholders, basic and diluted	$	(2.66	)	$	(5.77	)	$	(3.79	)	$	(12.00	)

Weighted average shares used to compute basic and diluted net loss per share attributable to common stockholders		5,608,429			2,580,144			4,401,087			1,391,048


	For the Three Months Ended June 30, 2014						For the Six Months Ended June 30, 2014
	As Reported			As Corrected			As Reported			As Corrected
Net loss attributable to common stockholders	$	(6,954	)	$	(6,954	)	$	(10,481	)	$	(10,481	)

Net loss per share attributable to common stockholders, basic and diluted	$	(2.21	)	$	(37.21	)	$	(3.33	)	$	(56.15	)

Weighted average shares used to compute basic and diluted net loss per share attributable to common stockholders		3,145,521			186,901			3,145,283			186,663

Due to an error in the calculation thereof, the reported potentially dilutive securities outstanding prior to the use of the treasury stock method relating to options to purchase common stock and convertible notes and accrued interest as of June 30, 3014 were incorrect. The following table sets forth the effects of the corrected calculation for June 30, 2014.


	As of June 30, 2014
	As Reported		As Corrected
Options to purchase common stock		832,184		832,226
Convertible notes and accrued interest (as converted to common stock)		327,505		5,525,341

After consideration of the quantitative and qualitative factors surrounding the errors and use of the impacted information, the Company determined the misstatements were not material to the financial statements included in the Form 10-Q for the quarterly period ended June 30, 2015.