Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified |
Dec. 31, 2014
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Dec. 31, 2013
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CURRENT ASSETS | ||
Cash and cash equivalents | $ 171,032us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 3,914us-gaap_CashAndCashEquivalentsAtCarryingValue |
Restricted cash, current portion | 75us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue | 75us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue |
Prepaid expenses and other current assets | 1,624us-gaap_PrepaidExpenseAndOtherAssetsCurrent | 825us-gaap_PrepaidExpenseAndOtherAssetsCurrent |
Total current assets | 172,731us-gaap_AssetsCurrent | 4,814us-gaap_AssetsCurrent |
Property and equipment, net | 19,274us-gaap_PropertyPlantAndEquipmentNet | 14,315us-gaap_PropertyPlantAndEquipmentNet |
Restricted cash, net of current portion | 435us-gaap_RestrictedCashAndCashEquivalentsNoncurrent | 510us-gaap_RestrictedCashAndCashEquivalentsNoncurrent |
Other non-current assets | 29us-gaap_OtherAssetsNoncurrent | 3,006us-gaap_OtherAssetsNoncurrent |
TOTAL ASSETS | 192,469us-gaap_Assets | 22,645us-gaap_Assets |
CURRENT LIABILITIES | ||
Accounts payable | 3,149us-gaap_AccountsPayableCurrent | 5,526us-gaap_AccountsPayableCurrent |
Accruals and other current liabilities | 4,145us-gaap_AccruedLiabilitiesCurrent | 4,161us-gaap_AccruedLiabilitiesCurrent |
Deferred revenue, current portion | 0us-gaap_DeferredRevenueCurrent | 83us-gaap_DeferredRevenueCurrent |
Derivative liabilities associated with convertible notes, current portion | 0us-gaap_DerivativeLiabilitiesCurrent | 4,890us-gaap_DerivativeLiabilitiesCurrent |
Derivative liabilities associated with Medicis settlement, current portion | 0rvnc_DerivativeLiabilitiesContractCurrent | 6,684rvnc_DerivativeLiabilitiesContractCurrent |
Financing obligation, current portion | 307rvnc_FinancingObligationCurrent | 0rvnc_FinancingObligationCurrent |
Convertible notes, current portion | 0us-gaap_ConvertibleNotesPayableCurrent | 12,157us-gaap_ConvertibleNotesPayableCurrent |
Notes payable, current portion and discount | 2,635us-gaap_NotesPayableCurrent | 10,702us-gaap_NotesPayableCurrent |
Common stock warrant liability | 0rvnc_CommonStockWarrantsLiabilityCurrent | 3,358rvnc_CommonStockWarrantsLiabilityCurrent |
Total current liabilities | 10,236us-gaap_LiabilitiesCurrent | 47,561us-gaap_LiabilitiesCurrent |
Convertible preferred stock warrant liability | 0rvnc_ConvertiblePreferredStockWarrantLiabilityNoncurrent | 1,233rvnc_ConvertiblePreferredStockWarrantLiabilityNoncurrent |
Financing obligation, net of current portion | 598rvnc_FinancingLeaseObligationNoncurrentNetofCurrentPortion | 0rvnc_FinancingLeaseObligationNoncurrentNetofCurrentPortion |
Note payable, net of current portion and discount | 0us-gaap_LongTermNotesPayable | 2,632us-gaap_LongTermNotesPayable |
Derivative liabilities associated with Medicis settlement, net of current portion | 1,541us-gaap_DerivativeLiabilitiesNoncurrent | 1,610us-gaap_DerivativeLiabilitiesNoncurrent |
Deferred rent | 3,725us-gaap_DeferredRentCreditNoncurrent | 3,176us-gaap_DeferredRentCreditNoncurrent |
TOTAL LIABILITIES | 16,100us-gaap_Liabilities | 56,212us-gaap_Liabilities |
Commitments and Contingencies (Note 10) | ||
Convertible preferred stock, par value $0.001 per share — 5,000,000 and 145,010,269 shares authorized as of December 31, 2014 and 2013, respectively; 0 and 8,689,999 shares issued and outstanding as of December 31, 2014 and 2013, respectively (aggregate liquidation preference of $0 and $215,264 as of December 31, 2014 and 2013, respectively) | 0us-gaap_TemporaryEquityCarryingAmountAttributableToParent | 123,982us-gaap_TemporaryEquityCarryingAmountAttributableToParent |
STOCKHOLDERS’ EQUITY (DEFICIT) | ||
Common stock, par value $0.001 per share — 95,000,000 and 224,000,000 shares authorized as of December 31, 2014 and 2013, respectively; 23,774,465 and 260,789 shares issued and outstanding as of December 31, 2014 and 2013, respectively | 24us-gaap_CommonStockValue | 0us-gaap_CommonStockValue |
Additional paid-in capital | 435,142us-gaap_AdditionalPaidInCapitalCommonStock | 38,331us-gaap_AdditionalPaidInCapitalCommonStock |
Accumulated deficit | (258,797)us-gaap_RetainedEarningsAccumulatedDeficit | (195,880)us-gaap_RetainedEarningsAccumulatedDeficit |
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT) | 176,369us-gaap_StockholdersEquity | (157,549)us-gaap_StockholdersEquity |
TOTAL LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY (DEFICIT) | $ 192,469us-gaap_LiabilitiesAndStockholdersEquity | $ 22,645us-gaap_LiabilitiesAndStockholdersEquity |
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- Definition
Common Stock Warrants Liability Current No definition available.
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- Definition
Convertible Preferred Stock Warrant Liability, Noncurrent No definition available.
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- Definition
Under a settlement contract, fair value, after the effects of master netting arrangements, of a contract with one or more underlying, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. No definition available.
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- Definition
Financing Lease Obligation Noncurrent No definition available.
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- Definition
Financing Obligation, Current No definition available.
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- Definition
Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying value as of the balance sheet date of the portion of long-term debt due within one year or the operating cycle if longer identified as Convertible Notes Payable. Convertible Notes Payable is a written promise to pay a note which can be exchanged for a specified amount of another, related security, at the option of the issuer and the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
For a classified balance sheet, the cumulative difference between the rental income or payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense, by the lessor or lessee, respectively, more than one year after the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled after one year or the normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Carrying value as of the balance sheet date of notes payable (with maturities initially due after one year or beyond the operating cycle if longer), excluding current portion. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying values as of the balance sheet date of the portions of long-term notes payable due within one year or the operating cycle if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The carrying amounts of cash and cash equivalent items which are restricted as to withdrawal or usage. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or entity statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. Excludes compensating balance arrangements that are not agreements which legally restrict the use of cash amounts shown on the balance sheet. For a classified balance sheet represents the current portion only (the noncurrent portion has a separate concept); there is a separate and distinct element for unclassified presentations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cash and equivalents whose use in whole or in part is restricted for the long-term, generally by contractual agreements or regulatory requirements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Carrying amount, attributable to parent, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer. No definition available.
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