Redeemable Convertible Preferred Stock

12 Months Ended

Dec. 31, 2014

Temporary Equity Disclosure [Abstract]

8.	REDEEMABLE CONVERTIBLE PREFERRED STOCK

In connection with the closing of the IPO in April 2014, all of the Company’s outstanding convertible preferred stock automatically converted to common stock resulting in an additional 6,826,004 shares of common stock of the Company becoming outstanding.

As of December 31, 2013, preferred stock consisted of the following (in thousands, except share data):

	Preferred Shares Authorized		Issuance Date	Preferred Shares Issued and Outstanding		Redemption Value /Liquidation Preference		Carrying Value
Seed		2,500,000	December 2006		2,500,000	$	2,000	$	2,000
Series A		9,307,692	May 2007		9,307,692		12,100		12,100
Series B		4,077,500	December 2007		3,562,500		7,125		7,125
Series B-1		5,000,000	July 2009		4,842,500		9,685		9,685
Series C		33,310,787	November 2010 and June 2011		31,836,392		23,559		23,094
Series D		34,698,793	December 2011 and November 2012		33,158,272		27,521		27,521
		88,894,772			85,207,356	$	81,990	$	81,525