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Unaudited Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Series D-1 Redeemable Convertible Preferred Stock [Member]    
Cash flows from financing activities:    
Proceeds from issuance of Series D-1 redeemable convertible preferred stock $ 4,000
Series D Redeemable Convertible Preferred Stock [Member]    
Cash flows from financing activities:    
Proceeds from exercise of warrants 2
Net income (loss) 6,834 (35,716)
Loss on extinguishment of debt 4,740
Write-off of deferred offering costs 445
Stock-based compensation expense 2,279 964
Non-cash interest expense 2,443 1,280
Amortization of debt issuance costs and debt discount 835 954
Depreciation and amortization expense 55 40
Fair value adjustment (31,041) 24,423
Prepaid expenses and other current assets 1,934 976
Other long-term assets (2)
Accounts payable and accrued expenses (693) (2,175)
Other long-term liabilities 32
Net cash used in operating activities (12,139) (9,254)
Purchases of property and equipment (219) (40)
Restricted cash for collateral (1,100)
Purchases of marketable securities and long-term investments (65,627)
Maturity of marketable securities 10,645
Net cash used in investing activities (56,301) (40)
Proceeds from issuance of debt, net of discounts and commissions 82,800
Repayment of term notes and related accrued interest (18,621)
Proceeds from initial public offering, net of discounts and commissions 59,892
Payment of deferred offering costs (668)
Payment of debt and stock issuance costs (673)
Repayment of obligations under capital lease (15) (15)
Proceeds from exercise of warrants 141 51
Net cash provided by financing activities 63,632 63,262
Net (decrease) increase in cash and cash equivalents (4,808) 53,968
Cash and equivalents, beginning of period 32,318 10,255
Cash and equivalents, end of period 27,510 64,223
Supplemental cash flow information:    
Cash paid for interest 182
Unpaid offering costs charged to equity 1,870
Transfer of warrants to equity upon exercise 755
Fixed assets included in accounts payable and accrued expenses 50
Conversion of preferred stock into common stock upon initial public offering 28,209
Reclassification of 2013 warrants to equity 1,110
Fixed assets financed under a capital lease agreement $ 548 $ 42