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STATEMENTS OF CONVERTIBLE PREFERRED STOCK, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' DEFICIT (USD $)
In Thousands, except Share data, unless otherwise specified
Total
USD ($)
Pro forma
USD ($)
Common Stock
Common Stock
Pro forma
USD ($)
Additional Paid-In-Capital
USD ($)
Additional Paid-In-Capital
Pro forma
USD ($)
Accumulated Other Comprehensive Income (Loss)
USD ($)
Accumulated Deficit
USD ($)
Accumulated Deficit
Pro forma
USD ($)
Series A-1 Convertible Preferred Stock
USD ($)
Series A-1 Convertible Preferred Stock
Pro forma
USD ($)
Series A-2 Convertible Preferred Stock
USD ($)
Series A-2 Convertible Preferred Stock
Pro forma
USD ($)
Series A-3 Convertible Preferred Stock
USD ($)
Series A-3 Convertible Preferred Stock
Pro forma
USD ($)
Series A-4 Convertible Preferred Stock
USD ($)
Series A-4 Convertible Preferred Stock
Pro forma
USD ($)
Series A-5 Convertible Preferred Stock
USD ($)
Series A-5 Convertible Preferred Stock
Pro forma
USD ($)
Series A-6 Convertible Preferred Stock
USD ($)
Series A-6 Convertible Preferred Stock
Pro forma
USD ($)
Series A Convertible Preferred Stock
USD ($)
New Series B
USD ($)
New Series B
Pro forma
USD ($)
Series B-2 Convertible Preferred Stock
Pro forma
USD ($)
Series C Convertible Preferred Stock
USD ($)
Balance at Dec. 31, 2010 $ (128,252)       $ 3   $ (3) $ (128,252)                           $ 93 $ 38,309     $ 105,434
Balance (in shares) at Dec. 31, 2010     141,566                                     61,664 1,599,997     10,146,629
Increase (Decrease) in Stockholders' Equity                                                    
Net loss (42,476)             (42,476)                                    
Unrealized gain from available-for-sale securities 8           8                                      
Forced conversion to common stock 554       554                                 (33) (296)     (225)
Forced conversion to common stock (in shares)     45,070                                     (21,661) (177,697)     (314,496)
Recapitalization [1] 60,981       8,269     52,712       75,979   9,629   271           (60) (39,183)     (108,425)
Recapitalization (in shares) [1]                       983,208   142,227   3,998           (40,003) (1,422,300)     (9,832,133)
Stock options exercised 204       204                                          
Stock options exercised (in shares)     96,411                                              
Issuance of preferred stock                   62,297               525                
Issuance of preferred stock (in shares)                   922,286               6,443                
Accretion of dividends on preferred stock (10,933)       (6,590)     (4,343)   1,968   4,000   579                 1,170     3,216
Stock-based compensation expense 304       304                                          
Milestone payment settled in stock                   1,410                                
Milestone payment settled in stock (in shares)                   17,326                                
Balance at Dec. 31, 2011 (119,610)       2,744   5 (122,359)   65,675   79,979   10,208   271   525                
Balance (in shares) at Dec. 31, 2011     283,047             939,612   983,208   142,227   3,998   6,443                
Increase (Decrease) in Stockholders' Equity                                                    
Net loss (69,128)             (69,128)                                    
Unrealized gain from available-for-sale securities (5)           (5)                                      
Stock options exercised 279       279                                          
Stock options exercised (in shares)     97,281                                              
Accretion of dividends on preferred stock (13,992)       (4,818)     (9,174)   6,282   6,735   974                        
Stock-based compensation expense 1,795       1,795                                          
Balance at Dec. 31, 2012 (200,661)             (200,661)   71,957   86,714   11,182   271   525                
Balance (in shares) at Dec. 31, 2012     380,328             939,612   983,208   142,227   3,998   6,443                
Increase (Decrease) in Stockholders' Equity                                                    
Net loss (60,690)             (60,690)                                    
Stock options exercised 13       13                                          
Stock options exercised (in shares)     5,336                                              
Issuance of preferred stock                                       23,168 8,726   41,514   26,152  
Issuance of preferred stock (in shares)                                       496,111 186,847   701,235   448,060  
Accretion of dividends on preferred stock (17,471)       (1,521)     (15,950)   6,780   7,263   1,050                 2,378      
Stock-based compensation expense 1,508       1,508                                          
Conversion of convertible preferred stock into common stock   287,680   2   287,678         (78,737)   (93,977)   (12,232)   (271)   (525)   (31,894)     (43,892) (26,152)  
Conversion of convertible preferred stock into common stock (in shares)       20,258,305             (939,612)   (983,208)   (142,227)   (3,998)   (6,443)   (682,958)     (701,235) (448,060)  
Balance at Dec. 31, 2013 $ (277,301) $ 10,379   $ 2   $ 287,678   $ (277,301) $ (277,301) $ 78,737   $ 93,977   $ 12,232   $ 271   $ 525   $ 23,168     $ 43,892      
Balance (in shares) at Dec. 31, 2013     385,664 20,643,969           939,612   983,208   142,227   3,998   6,443   496,111     701,235      
[1] The recapitalization includes the exchange of Series A, Series B and Series C shares for Series A-4, Series A-3, and Series A-2 shares, respectively, in addition to the 1:10 exchange of Series A-2, Series A-3, and Series A-4 preferred stock, which occurred in conjunction with the Merger, and is more fully described in note 4.