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Condensed Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net loss $ (15,698,139) $ (9,819,746)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 473,799 365,100
Accretion of discount on NuvoGen obligation 229,232 141,551
Bad debt expense (recovery), net 44,854 117,467
Provision for excess inventory 273,752  
Amortization of deferred financing costs 37,461 2,700
Amortization of discount on term loan 120,627 16,125
Amortization of final payment premium on term loan 116,398  
Loss on settlement of convertible notes 705,217  
Amortization of discount on convertible notes 90,222  
Share-based compensation expense 223,787 119,506
Change in redeemable convertible preferred stock warrant liability 239,683 56,323
Loss on disposal of assets 67,780 35,960
Changes in operating assets and liabilities:    
Accounts receivable 59,444 (353,117)
Inventory (854,120) (547,457)
Prepaid expenses and other (505,918) 1,123
Accounts payable (254,423) (347,323)
Accrued liabilities (47,367) 60,925
Deferred revenue (8,532) (64,548)
Other long term liabilities   (7,617)
Net cash used in operating activities (14,686,243) (10,223,028)
Investing activities    
Purchase of property and equipment (950,278) (605,931)
Purchase of available-for-sale securities (36,473,957)  
Net cash used in investing activities (37,424,235) (605,931)
Financing activities    
Proceeds from exercise of stock options 34,048 21,305
Draws on line of credit   750,000
Payments on line of credit   (750,000)
Payments on NuvoGen obligation 0 (1,206,250)
Proceeds from exercise of E warrants 8,948  
Deferred offering costs (1,002,930) (193,280)
Deferred financing costs (75,523)  
Payments on equipment lease (21,933) (21,932)
Proceeds from term loan   10,680,000
Proceeds from issuance of convertible note warrants 1,354  
Settlement of fractional common shares (2,925)  
Proceeds from convertible notes 4,500,000  
Proceeds from initial public offering 47,654,190  
Net cash provided by financing activities 51,095,229 16,708,150
(Decrease) increase in cash and cash equivalents (1,015,249) 5,879,191
Cash and cash equivalents at beginning of period 3,613,392 1,815,289
Cash and cash equivalents at end of period 2,598,143 7,694,480
Noncash investing and financing activities    
Accretion of preferred stock issuance costs 35,046 71,175
Accretion of Series D and E redeemable convertible preferred stock dividends 1,165,932 2,405,987
Deferred offering costs reclassified to distributions in excess of capital 2,297,079  
Accrual of deferred offering and finance costs   657,499
Allocation of Series E warrant convertible notes debt discount 741,828 301,507
Conversion of convertible notes and related accrued interest to common stock 4,544,384  
Fixed asset purchases payable at period end 272,847  
Reclassification of convertible preferred stock liability warrants to equity warrants 1,616,140  
Supplemental cash flow information    
Cash paid for interest 701,250 145,367
Series B    
Noncash investing and financing activities    
Adjustment to Series B book value   112,903
Common Stock    
Noncash investing and financing activities    
Conversion of convertible preferred stock to common stock 57,356,049  
Series D and Series E Warrants    
Noncash investing and financing activities    
Net exercise of Series D and Series E warrants 95,914  
Series E Warrants    
Noncash investing and financing activities    
Accretion of Series E warrant discount 127,616 251,893
Series E Preferred Stock    
Financing activities    
Proceeds from sale of preferred stock, net of issuance costs   $ 7,428,307
Noncash investing and financing activities    
Net exercise of Series D and Series E warrants $ 11,312