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Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 20,583,000 $ 21,856,000
Short-term investments 53,453,000 27,188,000
Accounts receivable, net 22,193,000 19,725,000
Inventory 13,812,000 10,138,000
Prepaid expenses and other current assets 3,744,000 3,886,000
Total current assets 113,785,000 82,793,000
Restricted cash 143,000 143,000
Deferred offering costs 0 181,000
Property and equipment, net 12,158,000 9,414,000
Other assets 287,000 338,000
Total assets 126,373,000 92,869,000
Current liabilities:    
Accounts payable 4,935,000 3,243,000
Accrued liabilities 12,344,000 12,181,000
Deferred revenue, current portion 19,033,000 5,261,000
Deferred rent, current portion 13,000 0
Lease financing obligations, current portion 58,000 226,000
Total current liabilities 36,383,000 20,911,000
Deferred revenue, net of current portion 22,664,000 6,486,000
Deferred rent and other liabilities, net of current portion 7,655,000 4,257,000
Long-term debt and lease financing obligations, net of current portion and debt issuance costs 47,366,000 41,000,000
Total liabilities 114,068,000 72,654,000
Commitments and contingencies (Note 15)
Stockholders’ equity    
Preferred stock, $0.0001 par value, 15,000 shares authorized; none issued 0 0
Common stock, $0.0001 par value, 150,000 shares authorized; 21,528 and 19,570 shares issued and outstanding at December 31, 2016 and 2015, respectively 2,000 2,000
Additional paid-in-capital 281,900,000 242,693,000
Other comprehensive loss (57,000) (29,000)
Accumulated deficit (269,540,000) (222,451,000)
Total stockholders’ equity 12,305,000 20,215,000
Total liabilities and stockholders’ equity $ 126,373,000 $ 92,869,000