XML 45 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 25,507 $ 451
Prepaid expenses and other current assets 510 380
Total current assets 26,017 831
Property and equipment, net 545 470
Long-term restricted cash 253 250
Intangible assets 7,534  
Goodwill 15,942  
Other assets 22  
Total assets 50,313 1,551
Current liabilities:    
Convertible notes payable to stockholders, net of discount   39,703
Accounts payable 314 216
Accrued expenses 1,013 3,544
Total current liabilities 1,327 43,463
Loan payable, net of discount 6,706  
Derivative liability 11  
Preferred stock warrant liability   1,309
Deferred tax liability 2,959  
Total liabilities 11,003 44,772
Redeemable convertible preferred stock, $0.0001 par value - authorized 500,000 shares and 209,297,265 shares at June 30, 2015 and December 31, 2014, respectively    
Junior Seed Convertible Preferred Stock, $0.01 par value - 0 shares and 410,000 shares designated; 0 shares and 410,000 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively; (liquidation preference of $0 and $820 at June 30, 2015 and December 31, 2014)   35,573
Stockholders' Equity (Deficit):    
Common stock, $0.0001 par value - 100,000,000 shares and 233,500,000 shares authorized at June 30, 2015 and December 31, 2014; 14,646,108 shares and 188,625 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively 1  
Additional paid-in capital 157,944 23,142
Accumulated deficit (118,635) (101,936)
Total stockholders' equity (deficit) 39,310 (78,794)
Total liabilities, redeemable convertible preferred stock and stockholders' equity (deficit) $ 50,313 1,551
Series B Redeemable Convertible Preferred Stock [Member]    
Redeemable convertible preferred stock, $0.0001 par value - authorized 500,000 shares and 209,297,265 shares at June 30, 2015 and December 31, 2014, respectively    
Junior Seed Convertible Preferred Stock, $0.01 par value - 0 shares and 410,000 shares designated; 0 shares and 410,000 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively; (liquidation preference of $0 and $820 at June 30, 2015 and December 31, 2014)   20,894
Stockholders' Equity (Deficit):    
Total stockholders' equity (deficit)   20,894
Seed Redeemable Convertible Preferred Stock [Member]    
Redeemable convertible preferred stock, $0.0001 par value - authorized 500,000 shares and 209,297,265 shares at June 30, 2015 and December 31, 2014, respectively    
Junior Seed Convertible Preferred Stock, $0.01 par value - 0 shares and 410,000 shares designated; 0 shares and 410,000 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively; (liquidation preference of $0 and $820 at June 30, 2015 and December 31, 2014)   1,331
Stockholders' Equity (Deficit):    
Total stockholders' equity (deficit)   1,331
Series A-4 Redeemable Convertible Preferred Stock [Member]    
Redeemable convertible preferred stock, $0.0001 par value - authorized 500,000 shares and 209,297,265 shares at June 30, 2015 and December 31, 2014, respectively    
Junior Seed Convertible Preferred Stock, $0.01 par value - 0 shares and 410,000 shares designated; 0 shares and 410,000 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively; (liquidation preference of $0 and $820 at June 30, 2015 and December 31, 2014)   4,000
Stockholders' Equity (Deficit):    
Total stockholders' equity (deficit)   4,000
Series B-1 Redeemable Convertible Preferred Stock [Member]    
Redeemable convertible preferred stock, $0.0001 par value - authorized 500,000 shares and 209,297,265 shares at June 30, 2015 and December 31, 2014, respectively    
Junior Seed Convertible Preferred Stock, $0.01 par value - 0 shares and 410,000 shares designated; 0 shares and 410,000 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively; (liquidation preference of $0 and $820 at June 30, 2015 and December 31, 2014)   9,344
Stockholders' Equity (Deficit):    
Total stockholders' equity (deficit)   9,344
Junior Seed Convertible Preferred Stock [Member]    
Redeemable convertible preferred stock, $0.0001 par value - authorized 500,000 shares and 209,297,265 shares at June 30, 2015 and December 31, 2014, respectively    
Junior Seed Convertible Preferred Stock, $0.01 par value - 0 shares and 410,000 shares designated; 0 shares and 410,000 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively; (liquidation preference of $0 and $820 at June 30, 2015 and December 31, 2014)   4
Stockholders' Equity (Deficit):    
Total stockholders' equity (deficit)   $ 4