During the quarter ended June 30, 2017, we revised our consolidated balance sheets as of September 30, 2016, December 31, 2016, and March 31, 2017 to correct the accounting for certain common stock awards granted in 2015 and 2016 to board members. Previously, certain stock grant compensation was presented as prepaid common stock when the compensation should have been recognized ratably as the stock awards vested. The revision, which we determined is not a material error, had no impact on loss from operations, or cash flows.

The impact on the individual line items of our consolidated balance sheets as of September 30, 2016, December 31, 2016, and March 31, 2017 from the adjustment was as follows:

Consolidated Balance Sheet as of September 30, 2016:

Consolidated Balance Sheet as of December 31, 2016:

Consolidated Balance Sheet as of March 31, 2017:

While there was no change to the previously reported net cash used in operating activities for the nine months ended June 30, 2016, we did decrease the “amortization of grant of common stock” and increase “stock-based compensation” by $128,000. There were no other changes to the previously issued statement of cash flows for the nine months ended June 30, 2016.