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Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 3,293,983 $ 3,613,392
Short-term investments available-for-sale, at fair value 28,201,507  
Accounts receivable, net 716,246 801,125
Inventory, net of allowance of $284,319 and $54,269 at December 31, 2015 and 2014 2,201,301 1,685,814
Prepaid insurance 234,777 20,905
Prepaid expenses and other 210,440 91,130
Total current assets 34,858,254 6,212,366
Long-term investments available-for-sale, at fair value 2,603,901  
Deferred financing and offering costs 52,377 1,369,281
Property and equipment, net 1,932,213 1,146,599
Total assets 39,446,745 8,728,246
Current liabilities:    
Accounts payable 724,805 948,429
Accrued liabilities 1,944,511 1,499,750
Deferred revenue 47,476 41,248
NuvoGen obligation 543,750  
Term loan 3,059,068 813,715
Total current liabilities 6,319,610 3,303,142
Redeemable convertible preferred stock warrant liability   730,543
Term loan payable - non-current, net of discount 7,789,963 9,705,655
NuvoGen obligation - non-current, net of discount 8,415,122 8,677,859
Other 28,652 58,380
Total liabilities $ 22,553,347 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 December 31, 2015 and 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 December 31, 2015 and 2014, respectively; 6,845,638 and 6,844,242 shares issued and outstanding, respectively, at December 31, 2015, 334,003 and 332,607 shares issued and outstanding, respectively, at December 31, 2014 $ 6,844 $ 333
Additional paid-in-capital (distributions in excess of capital) 106,569,405 (1,426,556)
Treasury stock – 1,396 shares, at cost (75,000) (75,000)
Accumulated other comprehensive loss (41,357)  
Accumulated deficit (89,566,494) (68,168,703)
Total stockholders’ equity (deficit) 16,893,398 (69,669,926)
Total liabilities and stockholders' equity (deficit) $ 39,446,745 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