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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 196,192 $ 87,176
Restricted cash, current portion 186 503
Short-term investments 26,389  
Accounts receivable, net of allowance of $784 in 2015 and $527 in 2014 5,820 5,942
Inventory 12,724 11,542
Prepaid expenses and other current assets 4,982 1,314
Total current assets 246,293 106,477
Property and equipment, net 13,992 14,574
Restricted cash, long term portion 1,428 808
Other assets 654 1,764
Total assets 262,367 123,623
Current liabilities:    
Accounts payable 6,067 8,867
Accrued compensation 7,627 5,980
Other accrued liabilities 17,488 10,341
Deferred revenue 105 112
Equipment loan, current portion   2,340
Warrants 3,741 2,232
Total current liabilities 35,028 29,872
Equipment loan, long term portion   3,510
Senior secured term loan 21,276 20,964
Total long-term liabilities 21,276 24,474
Total liabilities $ 56,304 $ 54,346
Commitments and contingencies (Note 6)
Convertible preferred stock issuable in series, $0.0001 par value: 50,000 and 51,233 shares authorized as of September 30, 2015 and December 31, 2014, respectively, 0 and 31,397 shares issued and outstanding as of September 30, 2015 and December 31, 2014, respectively; aggregate liquidation preference of $0 and $133,757 as of September 30, 2015 and December 31, 2014, respectively   $ 240,612
Stockholders’ deficit:    
Common stock, $0.0001 par value: 750,000 and 82,000 shares authorized at September 30, 2015 and December 31, 2014, respectively, 49,951 and 6,879 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively $ 5 1
Additional paid in capital 433,145 8,664
Notes receivable from officers   (192)
Accumulated other comprehensive income 36  
Accumulated deficit (227,123) (179,808)
Total stockholders’ equity (deficit) 206,063 (171,335)
Total liabilities, convertible preferred stock, and stockholders’ equity (deficit) $ 262,367 $ 123,623