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Convertible Preferred Stock
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Convertible Preferred Stock

12. Convertible Preferred Stock

In connection with the completion of the IPO in August 2014, all outstanding shares of Series A and Series B convertible preferred stock were converted into 10,689,027 shares of common stock on a one-for-one basis.

In April 2014, the Company completed a Series B convertible preferred stock financing, pursuant to which then outstanding convertible notes were converted into 295,115 shares of Series B convertible preferred stock at a conversion price of $6.78, which was equal to 90% of the original issuance price of $7.53 per share. At the time of the conversion, the Company recorded a $0.2 million loss on extinguishment of related-party convertible notes in the consolidated statements of operations and comprehensive loss and a repurchase of beneficial conversion feature of $2.0 million as credit to additional paid-in capital.

In April 2014, the Company repurchased 531,208 shares of Series A convertible preferred stock for $4.0 million. The difference between the repurchase price of $7.53 and original issuance price of $1.45 was recorded as a deemed dividend of $3.2 million to a preferred stockholder and effected the calculation of net loss attributable to common stockholders and net loss per share for the year ended December 31, 2014.