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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 72,975 $ 3,356
Short-term investments 2,500 9,175
Accounts receivable, related party 515 636
Inventory 827 363
Other current assets 1,244 273
Total current assets 78,061 13,803
Property and equipment, net 717 418
Total assets 78,778 14,221
Current liabilities:    
Accounts payable and accrued expenses 595 549
Accrued compensation 2,497 1,250
Accrued clinical expenses 101 913
Other current liabilities 1,399 493
Customer deposit from related party 0 1,283
Current portion of long-term loan 0 747
Warrant liability 0 332
Total current liabilities 4,592 5,567
Long-term loan, excluding current portion 9,881 9,094
Total liabilities 14,473 14,661
Commitments and contingencies (See Note 10)
Convertible preferred stock    
Convertible preferred stock 0 54,699
Stockholders’ equity (deficit):    
Common stock, $0.001 par value; 300,000,000 and 35,000,000 shares authorized at December 31, 2016 and December 31, 2015, respectively; 16,773,205 and 575,126 shares issued and outstanding at December 31, 2016 and December 31, 2015, respectively 17 1
Additional paid-in capital 140,898 1,002
Accumulated other comprehensive loss (1) 0
Accumulated deficit (76,609) (56,142)
Total stockholders’ equity (deficit) 64,305 (55,139)
Total liabilities, convertible preferred stock and stockholders’ equity (deficit) 78,778 14,221
Series A Convertible Preferred Stock    
Convertible preferred stock    
Convertible preferred stock 0 6,773
Series B Convertible Preferred Stock    
Convertible preferred stock    
Convertible preferred stock 0 6,454
Series C Convertible Preferred Stock    
Convertible preferred stock    
Convertible preferred stock 0 16,393
Series C-1 Convertible Preferred Stock    
Convertible preferred stock    
Convertible preferred stock 0 4,984
Series D Convertible Preferred Stock    
Convertible preferred stock    
Convertible preferred stock 0 20,095
Series E Convertible Preferred Stock    
Convertible preferred stock    
Convertible preferred stock $ 0 $ 0