8. Stockholders’ Equity

As of March 31, 2018, the Company was authorized to issue 205,000,000 total shares of capital stock, consisting of 200,000,000 shares of common stock and 5,000,000 shares of preferred stock. As of March 31, 2018, the Company had reserved a total of 13,673,324 of its authorized shares of common stock for future issuance as follows:

Outstanding stock options		4,334,612
Possible future issuance under 2014 Equity Incentive Plan		7,056,832
Outstanding restricted stock units		1,281,880
Available for future issuance under employee stock purchase plan		1,000,000

Total shares of common stock reserved for future issuance		13,673,324

The shares available for future issuance increased by 2,625,292 and 2,357,579 on January 1, 2018 and 2017, respectively, pursuant to the automatic share reserve increase provision under the 2014 Equity Incentive Plan (the “2014 Plan”).