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Condensed Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net loss $ (15,160) $ (13,573)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 1,807 1,031
Depreciation and amortization 580 590
Deferred rent costs (214) (194)
Changes in operating assets and liabilities:    
Income tax receivable (250) (28)
Other receivables (2,143)  
Prepaid expenses (1,649) 240
Accounts payable and accrued expenses 1,171 1,647
Deferred revenue (1,452) (1,531)
Net cash used in operating activities (17,310) (11,818)
Investing activities    
Purchases of property and equipment (13) (27)
Net cash used in investing activities (13) (27)
Financing activities    
Proceeds from initial public offering, net of issuance costs   57,762
Proceeds from follow-on offering of common stock, net of issuance costs 75,453  
Proceeds from the exercise of stock options 323 119
Net cash provided by financing activities 75,776 57,881
Net cash increase for the period 58,453 46,036
Cash and cash equivalents at beginning of period 52,663 12,357
Cash and cash equivalents at end of period 111,116 58,393
Noncash financing activities    
Conversion of convertible preferred stock to common stock   65,586
Reclassification of prepaid IPO costs paid in 2013   1,465
Unpaid IPO/ follow-on offering issuance costs $ 222 $ 50