XML 24 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 192,773 $ 13,288
Prepaid expenses and other current assets 5,117 978
Total current assets 197,890 14,266
Other assets 284 396
Property and equipment, net 482 21
Total assets 198,656 14,683
Current liabilities    
Accounts payable 1,097 315
Accrued liabilities 4,090 3,668
Total current liabilities 5,187 3,983
Convertible preferred stock warrant liability   474
Convertible preferred stock call option liability   21
Total liabilities 5,187 4,478
Commitments and contingencies (Note 6)      
Convertible preferred stock, $0.0001 par value; 5,000,000, and 135,816,462 shares authorized at June 30, 2014 and December 31, 2013, respectively; zero and 120,648,174 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively; zero and $60,392 liquidation preference at June 30, 2014 and December 31, 2013 respectively;   57,497
Stockholders' equity (deficit)    
Common stock, $0.0001 par value, 50,000,000 and 15,652,174 shares authorized at June 30, 2014 and December 31, 2013, respectively; 24,194,808 and 1,257,311 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively 2  
Additional paid-in capital 275,239 6,454
Deficit accumulated during the development stage (81,772) (53,746)
Total stockholders' equity (deficit) 193,469 (47,292)
Total liabilities, convertible preferred stock and stockholders' equity (deficit) $ 198,656 $ 14,683