Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Statements of Stockholders' Equity (Deficit) of Resonant LLC for the Period from January 1, 2013 to June 16, 2013, and Resonant Inc. for the Period from June 17, 2013 to December 31, 2013 and the Year Ended December 31, 2014

v3.3.1.900
Condensed Consolidated Statements of Stockholders' Equity (Deficit) of Resonant LLC for the Period from January 1, 2013 to June 16, 2013, and Resonant Inc. for the Period from June 17, 2013 to December 31, 2013 and the Year Ended December 31, 2014 - USD ($)
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Balance (in shares) at Dec. 31, 2013   999,999    
Balance at Dec. 31, 2013 $ (11,464,000) $ 1,000 $ 1,000 $ (11,466,000)
Increase (Decrease) in Stockholders' Equity        
Sale of common stock in our initial public offering (in shares)   3,105,000    
Sale of common stock in our initial public offering 18,630,000 $ 3,000 18,627,000  
Offering costs of our initial public offering (2,388,000)   (2,388,000)  
Reclassification of warrant liabilities 3,658,000   3,658,000  
Conversion of convertible notes (in shares)   2,787,667    
Conversion of convertible notes 9,400,000 $ 3,000 9,397,000  
Write-off of derivative liability upon conversion of notes payable $ 5,526,000   5,526,000  
Vesting of restricted stock units (in shares) 142,895 39,318    
Vesting of restricted stock units $ 0 $ 0    
Sale of warrants 1,000   1,000  
Stock-based compensation 1,087,000   1,087,000  
Tax withholding on net exercise of stock-based awards (29,000)   (29,000)  
Net loss $ (9,731,000)     (9,731,000)
Balance (in shares) at Dec. 31, 2014 6,931,984 6,931,984    
Balance at Dec. 31, 2014 $ 14,690,000 $ 7,000 35,880,000 (21,197,000)
Increase (Decrease) in Stockholders' Equity        
Vesting of restricted stock units (in shares) 160,720      
Stock-based compensation $ 1,382,000   1,382,000  
Tax withholding on net exercise of stock-based awards (45,000)   (45,000)  
Issuance of common stock for compensation (in shares)   68,781    
Stock issued to consultants for services (in shares)   33,000    
Stock issued to consultants for services $ 156,000      
Exercise of warrants, cashless (in shares) 208,184 208,184    
Net loss $ (9,715,000)      
Balance (in shares) at Dec. 31, 2015 7,241,949 7,241,949    
Balance at Dec. 31, 2015 $ 6,468,000 $ 7,000 $ 37,373,000 $ (30,912,000)