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Condensed Statements of Cash Flows - USD ($)
shares in Thousands, $ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net loss $ (40,230) $ (13,686)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 89 21
Stock-based compensation 1,474 528
Loss on disposal of assets   3
Amortization of debt discount 422 834
Change in fair value of preferred stock warrant liabilities (1,939) (1,408)
Noncash interest expense on convertible notes 1,068 1,740
Amortization of beneficial conversion feature 429 895
Amortization of debt issuance costs 66 14
Deferred income taxes (4,392)  
Impairment of intangible assets 17,315  
Change in assets and liabilities:    
Prepaid expenses and other assets 302 (761)
Restricted cash   (334)
Accounts payable and accrued expenses 232 1,428
Deferred rent (33) 26
Net cash used in operating activities (25,197) (10,700)
Investing activities    
Cash received from merger transaction 33,232  
Purchase of property and equipment (31) (130)
Net cash provided by (used in) investing activities 33,201 (130)
Financing activities    
Proceeds from issuance of common stock, net 41,504  
Proceeds from borrowings — term loans, net   14,822
Proceeds from convertible notes, net 12,954 7,984
Payments on term loan   (1,833)
Payments on capital lease obligations (16)  
Costs paid in connection with preparations for initial public offering   (2,423)
Net cash provided by financing activities 54,442 18,550
Net increase in cash and cash equivalents 62,446 7,720
Cash and cash equivalents at beginning of period 6,178 4,088
Cash and cash equivalents at end of period 68,624 11,808
Supplemental disclosure of cash flow information    
Cash paid for interest 786 223
Noncash activities:    
Conversion of promissory notes and interest to common stock 48,221  
Financing costs in accounts payable and accrued expenses 130  
Beneficial conversion feature related to promissory notes 396  
Reclassification of preferred stock warrant liability to additional paid-in capital 521  
Issuance of warrants — term loan and convertible notes, related party   868
Reclassification of stock award liability from equity upon modification   399
Accrued deferred initial public offering costs   1,147
Landlord paid leasehold improvements   259
Equipment purchased under capital lease   70
Accrued debt issuance costs   $ 25
Fair value of assets acquired and liabilities assumed in the Merger:    
Fair value of assets acquired 18,723  
Fair value of liabilities assumed (5,832)  
Fair value of net assets acquired in the Merger $ 12,891  
Financial Advisors [Member]    
Noncash activities:    
Issuance of common stock 852  
Series A and B Preferred Stock [Member]    
Noncash activities:    
Conversion of preferred stock to common stock $ 61,982  
Series F Preferred Stock [Member]    
Noncash activities:    
Conversion of preferred stock to common stock $ 24,832