XML 36 R25.htm IDEA: XBRL DOCUMENT v3.4.0.3
Collaboration and License Agreement - Additional Information (Details) - Sanofi (Aventis Inc.) - Collaborative Agreement
1 Months Ended 3 Months Ended 12 Months Ended
Apr. 30, 2015
USD ($)
Aug. 31, 2014
USD ($)
Program
$ / shares
shares
Mar. 31, 2016
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]            
Upfront cash received under collaboration agreement   $ 35,000,000        
Initial equity investment   10,000,000        
Eligible to receive milestone payment   $ 25,000,000        
Period for research and clinical activities   4 years        
Number of research programs | Program   3        
Deferred revenue   $ 35,000,000 $ 10,600,000   $ 14,200,000  
Revenue recognized under collaboration agreement     $ 3,600,000 $ 3,600,000    
One-time non-refundable non-creditable cash payment   45,000,000        
Project continuation, additional payment   40,000,000        
Project continuation, additional payment description     an additional $40.0 million in connection with the purchase of the Company’s preferred stock, assuming (i) the Company had not previously closed either a Qualified IPO (at which time this obligation would terminate) or a private financing prior to a Qualified IPO and (ii) Sanofi had not previously purchased shares of the Company’s stock pursuant to such rights to purchase the Company’s capital stock in accordance with the terms of the Collaboration Agreement.      
Time restricted rights to purchase stock, value     $ 40,000,000      
Convertible preferred stock at discount     $ 40,000,000      
Redeemable convertible preferred stock call option liability fair value   $ 700,000        
Change in fair value of redeemable convertible preferred stock call option liability         $ (300,000) $ (400,000)
Series A-1 Redeemable Convertible Preferred Stock            
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]            
Issuance of common stock | shares   6,666,667        
Fair value of stock per share price | $ / shares   $ 1.50        
Series B Redeemable Convertible Preferred Stock            
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]            
Project continuation, additional payment $ 35,000,000          
Decrease in project continuation additional payment $ 5,000,000          
Maximum            
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]            
Proceeds from collaboration agreement   $ 200,000,000        
Project continuation payment   85,000,000        
Funding from approved in-kind research and clinical activities   $ 45,000,000