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Condensed Balance Sheets - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 2,598,143 $ 3,613,392
Short-term investments available-for-sale, at fair value 28,711,759  
Accounts receivable, net 696,827 801,125
Inventory, net of allowance of $328,022 at September 30, 2015 and $54,269 at December 31, 2014 2,266,182 1,685,814
Prepaid insurance 393,127 20,905
Prepaid expenses and other 223,472 91,130
Total current assets 34,889,510 6,212,366
Long-term investments available-for-sale, at fair value 7,766,952  
Deferred financing and offering costs 59,582 1,369,281
Property and equipment:    
Office equipment 442,490 414,424
Leasehold improvements 252,750 234,602
Laboratory and manufacturing equipment 3,127,484 2,003,693
Field equipment 180,355 286,044
Software 140,248 140,248
Construction in progress 49,953 6,125
Total property and equipment 4,193,280 3,085,136
Less: accumulated depreciation and amortization (2,365,135) (1,938,537)
Property and equipment, net 1,828,145 1,146,599
Total assets 44,544,189 8,728,246
Current liabilities:    
Accounts payable 966,853 948,429
Accrued liabilities 1,407,998 1,499,750
Deferred revenue 32,716 41,248
NuvoGen obligation 362,500  
Term loan 2,017,712 813,715
Total current liabilities 4,787,779 3,303,142
Redeemable convertible preferred stock warrant liability   730,543
Term loan payable - non-current, net of discount 8,738,683 9,705,655
NuvoGen obligation - non-current, net of discount 8,544,591 8,677,859
Other 36,447 58,380
Total liabilities $ 22,107,500 22,475,579
Redeemable convertible preferred stock:    
Total Redeemable Convertible Preferred Stock   $ 55,922,593
Commitments and Contingencies
Stockholders’ equity (deficit):    
Preferred stock, $0.001 par value; 10,000,000 and 0 authorized at September 30, 2015 and December 31, 2014, respectively; no shares issued and outstanding at either date.
Common stock, $0.001 par value; 200,000,000 and 600,000,000 shares authorized at September 30, 2015 and December 31, 2014, respectively; 6,841,260 and 6,839,864 shares issued and outstanding, respectively, at September 30, 2015, 334,003 and 332,607 shares issued and outstanding, respectively, at December 31, 2014 $ 6,840 $ 333
Additional paid-in-capital (distributions in excess of capital) 106,366,937 (1,426,556)
Treasury stock – 1,396 shares, at cost (75,000) (75,000)
Accumulated other comprehensive income 4,754  
Accumulated deficit (83,866,842) (68,168,703)
Total stockholders' equity (deficit) 22,436,689 (69,669,926)
Total liabilities and stockholders' equity (deficit) $ 44,544,189 8,728,246
Series A Redeemable Convertible Preferred Stock    
Redeemable convertible preferred stock:    
Total Redeemable Convertible Preferred Stock   1,402,687
Stockholders’ equity (deficit):    
Total stockholders' equity (deficit)   1,402,687
Series B Redeemable Convertible Preferred Stock    
Redeemable convertible preferred stock:    
Total Redeemable Convertible Preferred Stock   2,099,310
Stockholders’ equity (deficit):    
Total stockholders' equity (deficit)   2,099,310
Series C-1 Redeemable Convertible Preferred Stock    
Redeemable convertible preferred stock:    
Total Redeemable Convertible Preferred Stock   4,567,525
Stockholders’ equity (deficit):    
Total stockholders' equity (deficit)   4,567,525
Series C-2 Redeemable Convertible Preferred Stock    
Redeemable convertible preferred stock:    
Total Redeemable Convertible Preferred Stock   2,223,506
Stockholders’ equity (deficit):    
Total stockholders' equity (deficit)   2,223,506
Series D Redeemable Convertible Preferred Stock    
Redeemable convertible preferred stock:    
Total Redeemable Convertible Preferred Stock   37,174,666
Stockholders’ equity (deficit):    
Total stockholders' equity (deficit)   37,174,666
Series E Redeemable Convertible Preferred Stock    
Redeemable convertible preferred stock:    
Total Redeemable Convertible Preferred Stock   8,454,899
Stockholders’ equity (deficit):    
Total stockholders' equity (deficit)   $ 8,454,899