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Warrants (Tables)
12 Months Ended
Dec. 31, 2018
Other Liabilities Disclosure [Abstract]  
Schedule of Warrants Issued and Outstanding
Warrants issued and outstanding at December 31, 2018 are as follows(in thousands, except share and per share data):
 
 
Date
 
Number of
Shares
Underlying
Warrants
 
Price per
Share
 
Fair Value
 
Warrants to purchase
 
Issuance
 
Expiration
 
 
 
Common stock
 
3/1/2017
 
3/1/2027
[a]
1,388

 
5.94

 
$
5

[b]
Common stock
 
7/19/2013
 
7/22/2023
[a]
32,983

 
9.10

 
$
122

[b]
Common stock
 
11/26/2014
 
11/26/2024
[a]
6,680

 
16.47

 
$
49

[b]
Common stock
 
10/20/2015
 
10/20/2025
[a]
41,650

 
16.47

 
$
396

[c]
Common stock
 
11/9/2015
 
11/9/2025
[a]
25,709

 
16.47

 
$
244

[c]
Common stock
 
12/22/2016
 
12/22/2026
[a]
9,712

 
10.03

 
$
45

[c]
Total outstanding common stock warrants
 
 
 
 
 
118,122
 
 
 
 
 
 
[a]
Common stock warrants will remain outstanding until exercised by the holder.
[b]
Fair value at the date of issuance.
[c]
Fair value at the date of conversion from redeemable convertible preferred stock to common stock warrants in conjunction with the IPO on October 16, 2018.    
Warrants issued and outstanding at December 31, 2017 are as follows (in thousands, except share and per share data):
 
 
Series
 
Date
 
Number of
Shares
Underlying
Warrants
 
Price per
Share
 
Fair Value
 
Warrants to purchase
 
 
Issuance
 
Expiration
 
 
 
Common stock
 
 
 
7/19/2013
 
7/22/2023
[a]
101,010
 
$
3.96

 
$
244

[b]
Common stock
 
 
 
11/26/2014
 
11/26/2024
[a]
21,928
 
$
3.42

 
$
47

[b]
Common stock
 
 
 
3/1/2017
 
3/1/2027
[a]
1,388
 
$
5.94

 
$
5

[b]
Total common stock warrants
 
 
 
 
 
 
 
124,326
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Redeemable convertible preferred stock
 
Series 5
 
7/1/2012
 
7/25/2019
[d]
54,917
 
$
9.10

 
$
255

[c]
Redeemable convertible preferred stock
 
Series 5
 
7/19/2013
 
7/22/2023
[e]
21,989
 
$
9.10

 
$
122

[c]
Redeemable convertible preferred stock
 
Series 6
 
11/26/2014
 
11/26/2024
[e]
6,310
 
$
16.47

 
$
49

[c]
Redeemable convertible preferred stock
 
Series 6
 
10/20/2015
 
10/20/2025
[e]
39,339
 
$
16.47

 
$
396

[c]
Redeemable convertible preferred stock
 
Series 6
 
11/9/2015
 
11/9/2025
[e]
24,283
 
$
16.47

 
$
244

[c]
Redeemable convertible preferred stock
 
Series 7
 
12/22/2016
 
12/22/2026
[e]
9,712
 
$
10.03

 
$
45

[c]
Total redeemable convertible preferred stock warrants
 
 
 
 
 
 
 
156,550
 
 
 
 
 
Total outstanding common and redeemable convertible preferred stock warrants
 
 
 
 
 
 
 
280,876
 
 
 
 
 
 
[a]
Common stock warrants will remain outstanding until exercised by the holder.
[b]
Fair value at the date of issuance.
[c]
Fair value as of December 31, 2017.
[d]
These warrants will be net exercised immediately upon the closing of the Company’s IPO, or upon a corporate transaction as defined in the Note and Warrant Purchase Agreement dated July 25, 2012.
[e]
Convertible preferred stock warrants will remain outstanding until exercised by the holder and will convert to common stock warrants upon an IPO. The warrants will be exercisable for 10 years from the date of issuance.
Schedule of Weighted-Average Assumptions Used In Computation of Fair Value of Warrants
Weighted-average assumptions used in computation of the fair value of the redeemable convertible preferred stock warrants are summarized in the table below:
 
 
Year Ended December 31,
 
 
2018
 
2017
Remaining contractual term (in years)
 
4.9

 
5.3

Expected volatility
 
53.89
%
 
59.06
%
Risk-free interest rate
 
2.62
%
 
2.16
%
Dividend yield
 
%
 
%