Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2015

Schedule of the liabilities measured at fair value on a recurring basis

The following table provides a summary of the liabilities that are measured at fair value on a recurring basis at December 31, 2014, consisting of certain Financing Warrants and the conversion feature of the Company’s Convertible Notes, both of which are more fully described in Note 6:


	Total		Level 1		Level 2		Level 3
Derivative liabilities

Conversion feature	$	1,108,955	$	—	$	—	$	1,108,955
Financing Warrants		275,827		—		—		275,827

Total	$	1,384,782	$	—	$	—	$	1,384,782

Schedule of potentially dilutive securities

Potentially dilutive securities in the table below have been excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive.

	For the Three Months Ended September 30, 2015		For the Nine Months Ended September 30, 2015		For the Period June 20, 2014 (Inception Through September 30, 2014
Consulting Warrants to purchase common stock		436,364		436,364		—

Options to purchase common stock		596,253		376,040		—

Financing, IPO and O-A Warrants to purchase common stock		712,977		384,504		—

Total potential dilutive securities		1,745,594		1,196,908		—