XML 27 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 53,025 $ 13,899
Short-term investments 42,510 1,954
Prepaid expenses and other assets 2,415 656
Total current assets 97,950 16,509
Long-term investments 29,814  
Property and equipment, net 1,793 1,925
Other assets 118 2,210
Total assets 129,675 20,644
Current liabilities:    
Accounts payable 3,872 1,433
Accrued expenses 4,595 2,932
Current portion of deferred rent 315 295
Current portion of commercial bank debt 3,366 3,134
Convertible promissory note   2,000
Preferred stock warrant liabilities   319
Total current liabilities 12,148 10,113
Deferred rent, net of current portion 130 445
Commercial bank debt, net of current portion 1,776 5,142
Other long-term liabilities $ 571 $ 335
Commitments and contingencies (Note 5)
Redeemable convertible preferred stock, $0.001 par value; authorized shares – 7,285,456 and 75,772,871 at December 31, 2015 and 2014, respectively; issued and outstanding shares – none and 73,487,415 at December 31, 2015 and 2014, respectively; liquidation preference of $0 and $95,619 at December 31, 2015 and 2014, respectively   $ 95,619
Stockholders’ equity (deficit):    
Undesignated preferred stock, $0.001 par value; authorized shares – 5,000,000 at December 31, 2015 and none at December 31, 2014; issued and outstanding shares – none at December 31, 2015 and 2014
Common stock, $0.001 par value; authorized shares – 150,000,000 and 95,500,000 at December 31, 2015 and 2014, respectively; issued and outstanding shares – 23,670,079 and 909,880 at December 31, 2015 and 2014, respectively $ 24 $ 1
Additional paid-in capital 273,321 19,209
Stockholder note receivable   (69)
Accumulated other comprehensive loss (171)  
Accumulated deficit (158,124) (110,151)
Total stockholders’ equity (deficit) 115,050 (91,010)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit) $ 129,675 $ 20,644