Quarterly report pursuant to Section 13 or 15(d)

Common Stock

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Common Stock
 3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Common Stock

9.

COMMON STOCK

The Company has authorized 150,000,000 shares of common stock, $0.0001 par value per share, of which 37,605,827 shares and 37,605,134 shares were issued and outstanding as of March 31, 2016 and December 31, 2015, respectively.

During the three months ended March 31, 2016, the Company issued 693 shares of common stock upon the cashless exercise of a warrant.