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The Company and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Loss Per Share The following table sets forth securities outstanding which were excluded from the computation of diluted net loss per share as their inclusion would be anti-dilutive (in thousands):

 

 

 

December 31,

 

 

 

2018

 

 

2017

 

 

2016

 

Options outstanding to purchase common

   Stock

 

 

337

 

 

 

307

 

 

 

522

 

Employee stock purchase plan

 

 

 

 

 

 

 

 

44

 

Unvested restricted common stock units

 

 

272

 

 

 

376

 

 

 

148

 

Convertible debt

 

 

4,671

 

 

 

1,081

 

 

 

926

 

Outstanding warrants

 

 

39,884

 

 

 

663

 

 

 

 

Total

 

 

45,164

 

 

 

2,427

 

 

 

1,640

 

 

ASU 2014-09  
Summary of Impact of Adoption of Accounting Standards

The following table summarizes the cumulative effect of the changes to the Company’s unaudited consolidated balance sheet as of January 1, 2018 due to the adoption of ASC 606 (in thousands):

 

 

 

Balance as of

December 31, 2017

 

 

Adjustments

due to

ASC 606

 

 

Balance as of

January 1, 2018

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable, net

 

$

1,681

 

 

$

230

 

 

$

1,911

 

Equity

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated deficit

 

$

(224,688

)

 

$

230

 

 

$

(224,458

)

 

The following tables summarize the current-period impacts of adopting ASC 606 on the Company’s unaudited consolidated balance sheet and statement of operations and comprehensive loss (in thousands):

 

 

 

December 31, 2018

 

 

 

As Reported

 

 

Effect of adoption

 

 

Balances without

adoption of

ASC 606

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable, net

 

$

1,622

 

 

$

(220

)

 

$

1,402

 

Equity

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated deficit

 

$

(235,867

)

 

$

(220

)

 

$

(236,087

)

 

 

 

For the Year Ended December 31, 2018

 

 

 

As Reported

 

 

Effect of adoption

 

 

Balances without

adoption of

ASC 606

 

Product sales

 

$

15,053

 

 

$

 

 

$

15,053

 

Royalty and other

 

 

1,547

 

 

 

10

 

 

 

1,557

 

Cost of net revenue

 

 

6,346

 

 

 

 

 

 

6,346

 

Operating expenses

 

 

21,080

 

 

 

 

 

 

21,080

 

Interest expense

 

 

(582

)

 

 

 

 

 

(582

)

Other income, net

 

 

12

 

 

 

 

 

 

12

 

Income tax provision

 

 

13

 

 

 

 

 

 

13

 

Net loss

 

$

(11,409

)

 

$

10

 

 

$

(11,399

)

Net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted

 

$

(0.74

)

 

$

 

 

$

(0.74

)