Annual report pursuant to Section 13 and 15(d)

Capital Structure -Convertible Preferred stock (Details)

v3.3.1.900
Capital Structure -Convertible Preferred stock (Details)
1 Months Ended 3 Months Ended 5 Months Ended 12 Months Ended
May. 18, 2012
USD ($)
Mar. 23, 2012
USD ($)
$ / shares
shares
Oct. 31, 2015
USD ($)
shares
Aug. 31, 2014
USD ($)
$ / shares
Jul. 31, 2014
USD ($)
$ / shares
shares
Aug. 31, 2013
USD ($)
shares
Apr. 30, 2012
USD ($)
$ / shares
shares
Mar. 31, 2012
USD ($)
shares
Jun. 30, 2014
USD ($)
$ / shares
shares
Jun. 30, 2012
item
Dec. 31, 2014
USD ($)
$ / shares
shares
Dec. 31, 2013
USD ($)
$ / shares
shares
Dec. 31, 2015
shares
Oct. 20, 2015
shares
Jan. 31, 2014
$ / shares
Class of Stock [Line Items]                              
Debt converted               $ 100,000              
Carrying value                     $ 28,345,531        
Investor rights obligation fair value                     $ 1,112,000        
Convertible promissory notes                              
Class of Stock [Line Items]                              
Debt converted   $ 3,000,000                          
Interest converted   $ 58,000                          
Common Stock [Member]                              
Class of Stock [Line Items]                              
Issuance of stock (in shares) | shares                     6,877        
Number of shares available under warrant | shares           80,966 225,869           7,400,934 22,328  
Exercise price per share (in dollars per share) | $ / shares   $ 28.00         $ 28.00                
Warrants issued upon conversion | shares   36,406           1,190              
Fair value of common stock                     $ 37,041        
Common Stock [Member] | Placement Agent                              
Class of Stock [Line Items]                              
Number of shares available under warrant | shares                         126,091    
Series A Convertible preferred stock                              
Class of Stock [Line Items]                              
Number of private placement closings | item                   3          
Issuance of stock (in shares) | shares             25,305,583                
Share issued upon conversion | shares   4,077,475           133,333              
Issuance of convertible preferred stock               $ 17,700,000              
Conversion price | $ / shares                     $ 0.60 $ 0.75      
Fair value per share | $ / shares                     $ 0.34        
Gain on extinguishment of temporary equity                     $ 9,393,746        
Carrying value                     10,462,885 $ 19,856,632      
Fair Value of preferred stock                     $ 10,462,886        
Series A-1 Convertible preferred stock                              
Class of Stock [Line Items]                              
Issuance of stock (in shares) | shares                       9,074,511      
Issuance of convertible preferred stock                       $ 6,567,064      
Conversion price | $ / shares                       $ 0.75     $ 0.50
Fair value per share | $ / shares                     $ 0.37        
Gain on extinguishment of temporary equity                     $ 3,140,692        
Carrying value                     3,389,331 $ 1      
Fair Value of preferred stock                     $ 3,389,330        
Preferred stock dividend rate (as a percent)                     2.50%        
Unamortized beneficial conversion of preferred stock                     $ 6,567,063        
Series B convertible preferred stock                              
Class of Stock [Line Items]                              
Gross proceeds from issuance of preferred stock       $ 1,000,000 $ 14,000,000                    
Issuance of stock (in shares) | shares                     50,017,786        
Share Price | $ / shares       $ 0.2999 $ 0.2999                    
Share issued upon conversion | shares         3,333,331                    
Additional gross proceeds         $ 1,000,000                    
Issuance of convertible preferred stock       $ 3,334,445 46,684,455                    
Conversion price | $ / shares                 $ 0.2249            
Carrying value                     $ 14,493,315        
Aggregate principle balance of the debt         1,000,000                    
Investor rights obligation fair value         $ 2,600,000                    
Gain on change in fair value of investor rights obligation     $ 1,100,000                        
Series B convertible preferred stock | Convertible promissory notes                              
Class of Stock [Line Items]                              
Debt converted                 $ 1,300,000            
Share issued upon conversion | shares                 5,597,618            
IPO | Common Stock [Member]                              
Class of Stock [Line Items]                              
Shares of common stock resulting from conversion of preferred stock (in shares) | shares     3,980,422                        
IPO | Series A Convertible preferred stock                              
Class of Stock [Line Items]                              
Number of shares of common stock received for each converted share | shares     0.04464                        
IPO | Series A-1 Convertible preferred stock                              
Class of Stock [Line Items]                              
Number of shares of common stock received for each converted share | shares     0.05357                        
IPO | Series B convertible preferred stock                              
Class of Stock [Line Items]                              
Number of shares of common stock received for each converted share | shares     0.03571                        
Private Placement | Series A Convertible preferred stock                              
Class of Stock [Line Items]                              
Gross proceeds from issuance of preferred stock $ 1,200,000           $ 19,000,000                
Private Placement | Series A-1 Convertible preferred stock                              
Class of Stock [Line Items]                              
Gross proceeds from issuance of preferred stock           $ 6,800,000                  
Issuance of stock (in shares) | shares           9,074,511                  
Issuance of convertible preferred stock           $ 6,100,000