XML 40 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 180,991 $ 119,456
Short-term marketable securities 264,957  
Accounts receivable 3,147 3,153
Prepaid expenses and other current assets 3,494 2,612
Total current assets 452,589 125,221
Long-term marketable securities 2,464  
Property and equipment, net 2,454 1,053
Other assets 347 188
Total assets 457,854 126,462
Current liabilities:    
Accounts payable 4,413 5,030
Accrued clinical trial and manufacturing expenses 4,886 3,350
Accrued expenses and other liabilities 4,069 2,408
Deferred revenue 19,732 33,427
Total current liabilities 33,100 44,215
Deferred revenue 181,481 2,592
Deferred rent 56  
Convertible preferred stock warrant liability   100
Common stock warrant liability   889
Total liabilities $ 214,637 $ 47,796
Commitments and contingencies (Note 6)
Convertible preferred stock; $0.0001 par value, 0 and 69,716,345 shares authorized at September 30, 2015 and December 31, 2014; 0 and 69,608,339 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively   $ 139,963
Stockholders’ equity (deficit):    
Preferred stock, $0.0001 par value; 10,000,000 and 0 shares authorized at September 30, 2015 and December 31, 2014; 0 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively
Common stock, $0.0001 par value; 300,000,000 and 85,000,000 shares authorized at September 30, 2015 and December 31, 2014; 62,290,683 and 361,997 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively $ 6  
Additional paid-in capital 347,088 $ 346
Accumulated other comprehensive income 75  
Accumulated deficit (103,952) (61,643)
Total stockholders’ equity (deficit) 243,217 (61,297)
Total liabilities, convertible preferred stock and stockholders’ equity (deficit) $ 457,854 $ 126,462