2017 Q1 Form 10-K Financial Statement

#000161521917000021 Filed on March 08, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q4 2016 Q3
Revenue $242.5K $298.9K $599.1K
YoY Change
Cost Of Revenue $79.11K $133.7K $221.1K
YoY Change -59.85%
Gross Profit $163.4K $165.2K $378.0K
YoY Change -182.96%
Gross Profit Margin 67.39% 55.27% 63.09%
Selling, General & Admin $4.590M $3.920M $5.450M
YoY Change -10.18% -15.15% 15.47%
% of Gross Profit 2808.35% 2372.91% 1441.86%
Research & Development $3.915M $4.231M $5.665M
YoY Change -10.76% 27.86% 64.44%
% of Gross Profit 2395.34% 2561.05% 1498.84%
Depreciation & Amortization $91.37K $110.0K $80.00K
YoY Change 196.52% 450.0% 700.0%
% of Gross Profit 55.9% 66.59% 21.16%
Operating Expenses $8.589M $8.283M $11.33M
YoY Change -11.42% 4.45% 38.77%
Operating Profit -$8.346M -$7.984M -$10.74M
YoY Change -13.92% 31.44%
Interest Expense $80.00K $80.00K $100.0K
YoY Change -20.0% 100.0% 900.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$8.270M -$7.984M -$10.74M
YoY Change -14.71% 0.68% 31.44%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$8.268M -$7.900M -$10.64M
YoY Change -13.8% 0.09% 30.48%
Net Earnings / Revenue -3408.99% -2643.0% -1775.66%
Basic Earnings Per Share
Diluted Earnings Per Share -$12.34M -$11.97M -$16.37M
COMMON SHARES
Basic Shares Outstanding 17.97M shares 17.97M shares 17.97M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q1 2016 Q4 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $52.80M $61.10M $67.30M
YoY Change -37.44% -33.08% -32.16%
Cash & Equivalents $21.20M $22.54M $27.80M
Short-Term Investments $31.70M $38.70M $39.50M
Other Short-Term Assets $1.600M $900.0K $1.600M
YoY Change -20.0% 0.0% 45.45%
Inventory $414.3K $454.1K $230.8K
Prepaid Expenses
Receivables $19.06K $12.18K $21.79K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $54.83M $62.47M $69.14M
YoY Change -36.59% -32.28% -31.03%
LONG-TERM ASSETS
Property, Plant & Equipment $479.3K $556.3K $619.4K
YoY Change -17.16% 45.47% 142.24%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $0.00
YoY Change -100.0%
Other Assets $64.80K $64.80K $64.80K
YoY Change 0.0% -23.94%
Total Long-Term Assets $670.7K $747.7K $810.8K
YoY Change -12.92% -73.51% 56.57%
TOTAL ASSETS
Total Short-Term Assets $54.83M $62.47M $69.14M
Total Long-Term Assets $670.7K $747.7K $810.8K
Total Assets $55.50M $63.21M $69.95M
YoY Change -36.39% -33.51% -30.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $818.8K $1.192M $1.257M
YoY Change -46.88% 36.15% 81.45%
Accrued Expenses $2.300M $2.600M $2.500M
YoY Change 53.33% 36.84% 66.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.218M $3.889M $3.913M
YoY Change 5.73% 36.59% 68.36%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $100.0K $0.00 $0.00
YoY Change 547.58% -100.0% -100.0%
Total Long-Term Liabilities $100.0K $0.00 $0.00
YoY Change 547.58% -100.0% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.218M $3.889M $3.913M
Total Long-Term Liabilities $100.0K $0.00 $0.00
Total Liabilities $3.278M $3.898M $3.924M
YoY Change 6.34% 35.45% 42.03%
SHAREHOLDERS EQUITY
Retained Earnings -$84.91M -$76.65M -$68.75M
YoY Change 81.65% 106.3% 134.95%
Common Stock $1.703K $1.678K $1.652K
YoY Change 6.37% 6.61% 6.93%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $52.23M $59.32M $66.03M
YoY Change
Total Liabilities & Shareholders Equity $55.50M $63.21M $69.95M
YoY Change -36.39% -33.51% -30.58%

Cashflow Statement

Concept 2017 Q1 2016 Q4 2016 Q3
OPERATING ACTIVITIES
Net Income -$8.268M -$7.900M -$10.64M
YoY Change -13.8% 0.09% 30.48%
Depreciation, Depletion And Amortization $91.37K $110.0K $80.00K
YoY Change 196.52% 450.0% 700.0%
Cash From Operating Activities -$8.226M -$6.300M -$7.250M
YoY Change -10.33% 15.81% 8.21%
INVESTING ACTIVITIES
Capital Expenditures $22.15K -$50.00K -$220.0K
YoY Change -79.35% 0.0% 57.14%
Acquisitions
YoY Change
Other Investing Activities $6.900M $940.0K -$3.660M
YoY Change -302.35% -105.53% -63.4%
Cash From Investing Activities $6.881M $890.0K -$3.880M
YoY Change -295.43% -105.22% -61.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $0.00 0.000 10.00K
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -$8.226M -6.300M -7.250M
Cash From Investing Activities $6.881M 890.0K -3.880M
Cash From Financing Activities $0.00 0.000 10.00K
Net Change In Cash -$1.344M -5.410M -11.12M
YoY Change -89.4% -75.93% -34.01%
FREE CASH FLOW
Cash From Operating Activities -$8.226M -$6.300M -$7.250M
Capital Expenditures $22.15K -$50.00K -$220.0K
Free Cash Flow -$8.248M -$6.250M -$7.030M
YoY Change -11.13% 15.96% 7.16%

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CY2016Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
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CY2016Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.71
CY2016Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.65
CY2016Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.48
CY2016 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-2.43
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.012
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.018
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.002
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.000
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.343
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.341
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.026
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.000
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.004
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.001
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.037
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.034
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.050
us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
-0.053
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
-0.063
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.019
CY2015Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1299248 USD
CY2016Q4 us-gaap Employee Related Liabilities Current
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1453665 USD
CY2016 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y1M10D
CY2016Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
8668326 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4025895 USD
CY2015Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3216212 USD
CY2015Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3904403 USD
CY2015Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4722281 USD
CY2015Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4621383 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16464279 USD
CY2016Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5111695 USD
CY2016Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5377784 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5447847 USD
CY2016Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3918661 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19855987 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-6021158 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7094581 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-8167481 USD
CY2015Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7930438 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-9695794 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-11470951 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10735220 USD
CY2016Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7984267 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
254253 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
621393 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
309437 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
0 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
0 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12181 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
220375 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1570216 USD
CY2016 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
746879 USD
us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
57849 USD
CY2015 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
-18881 USD
CY2016 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
-9475 USD
CY2015 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
0 USD
CY2016 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
88344 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
0 USD
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
0 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
454132 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
50000 USD
CY2015 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-100103 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
64800 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
15442 USD
CY2015 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
0 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-15442 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
370396 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
538178 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
17409 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
126808 USD
CY2015 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
27 USD
CY2016 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-240 USD
us-gaap Interest Income Operating
InterestIncomeOperating
18946 USD
CY2015Q1 us-gaap Interest Income Operating
InterestIncomeOperating
3577 USD
CY2015Q2 us-gaap Interest Income Operating
InterestIncomeOperating
16183 USD
CY2015Q3 us-gaap Interest Income Operating
InterestIncomeOperating
14637 USD
CY2015Q4 us-gaap Interest Income Operating
InterestIncomeOperating
37631 USD
CY2015 us-gaap Interest Income Operating
InterestIncomeOperating
72028 USD
CY2016Q1 us-gaap Interest Income Operating
InterestIncomeOperating
103333 USD
CY2016Q2 us-gaap Interest Income Operating
InterestIncomeOperating
107818 USD
CY2016Q3 us-gaap Interest Income Operating
InterestIncomeOperating
97726 USD
CY2016Q4 us-gaap Interest Income Operating
InterestIncomeOperating
84232 USD
CY2016 us-gaap Interest Income Operating
InterestIncomeOperating
393109 USD
CY2015Q4 us-gaap Inventory Net
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0 USD
CY2016Q4 us-gaap Inventory Net
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454132 USD
CY2015Q4 us-gaap Inventory Raw Materials Net Of Reserves
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0 USD
CY2016Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
19888 USD
CY2015Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
0 USD
CY2016Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
434244 USD
CY2016Q1 us-gaap Inventory Write Down
InventoryWriteDown
185000 USD
CY2016Q2 us-gaap Inventory Write Down
InventoryWriteDown
41000 USD
CY2016Q3 us-gaap Inventory Write Down
InventoryWriteDown
33000 USD
CY2016Q4 us-gaap Inventory Write Down
InventoryWriteDown
23000 USD
CY2016 us-gaap Inventory Write Down
InventoryWriteDown
282000 USD
us-gaap Investment Income Amortization Of Premium
InvestmentIncomeAmortizationOfPremium
0 USD
CY2015 us-gaap Investment Income Amortization Of Premium
InvestmentIncomeAmortizationOfPremium
9523 USD
CY2016 us-gaap Investment Income Amortization Of Premium
InvestmentIncomeAmortizationOfPremium
16161 USD
CY2015Q4 us-gaap Liabilities
Liabilities
2877430 USD
CY2016Q4 us-gaap Liabilities
Liabilities
3897593 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
95069838 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
63214979 USD
CY2015Q4 us-gaap Liabilities Current
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2847401 USD
CY2016Q4 us-gaap Liabilities Current
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3889195 USD
CY2015Q4 us-gaap Marketable Securities Current
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24652348 USD
CY2016Q4 us-gaap Marketable Securities Current
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38658933 USD
CY2015Q4 us-gaap Marketable Securities Noncurrent
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2312949 USD
CY2016Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
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40411160 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
80843751 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
22098 USD
us-gaap Net Cash Provided By Used In Investing Activities
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-76141 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
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-27265091 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12240880 USD
us-gaap Net Cash Provided By Used In Operating Activities
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-6480866 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-20746118 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
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-32051873 USD
us-gaap Net Income Loss
NetIncomeLoss
-8010860 USD
us-gaap Net Income Loss
NetIncomeLoss
-8010860 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
-7078398 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
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CY2015 us-gaap Net Income Loss
NetIncomeLoss
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CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-11363133 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
-7900035 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss Available To Common Stockholders Basic
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-8010860 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-29141630 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-39493123 USD
CY2016 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2016 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
us-gaap Operating Expenses
OperatingExpenses
8029806 USD
CY2015Q1 us-gaap Operating Expenses
OperatingExpenses
6021158 USD
CY2015Q2 us-gaap Operating Expenses
OperatingExpenses
7094581 USD
CY2015Q3 us-gaap Operating Expenses
OperatingExpenses
8167481 USD
CY2015Q4 us-gaap Operating Expenses
OperatingExpenses
7930438 USD
CY2015 us-gaap Operating Expenses
OperatingExpenses
29213658 USD
CY2016Q1 us-gaap Operating Expenses
OperatingExpenses
9695794 USD
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
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CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
11334294 USD
CY2016Q4 us-gaap Operating Expenses
OperatingExpenses
8283171 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
40896895 USD
us-gaap Operating Income Loss
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CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2016 us-gaap Operating Leases Rent Expense Net
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337000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
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64800 USD
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11948 USD
CY2016 us-gaap Operating Income Loss
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434877 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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312307 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
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0 USD
CY2015Q4 us-gaap Other Assets Noncurrent
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0 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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122570 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
152000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
253000 USD
CY2015 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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-24654 USD
CY2016 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
23040 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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0 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
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-24654 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
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23040 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
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15442 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
0 USD
us-gaap Other Noncash Expense
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55221 USD
CY2015 us-gaap Other Noncash Expense
OtherNoncashExpense
4123 USD
CY2016 us-gaap Other Noncash Expense
OtherNoncashExpense
3434 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
0 USD
CY2015 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
0 USD
CY2016Q1 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
0 USD
CY2016Q2 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
0 USD
CY2016Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
12940 USD
CY2016Q4 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
7805 USD
CY2016 us-gaap Other Sales Revenue Net
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20745 USD
CY2015Q1 us-gaap Payments Of Stock Issuance Costs
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8000000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
CY2015 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
39397769 USD
CY2016 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
38682081 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
76141 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
265617 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
559378 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
908574 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
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925983 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2015Q1 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
79900000 USD
CY2015 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
8321 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
5255 USD
CY2015Q1 us-gaap Proceeds From Issuance Initial Public Offering
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79900000 USD
CY2015 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
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CY2016 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0 USD
CY2015 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
12398295 USD
CY2016 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
26995324 USD
CY2016 us-gaap Proceeds From Stock Options Exercised
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22098 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
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442501 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
879329 USD
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382437 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
556315 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4003911 USD
CY2015Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2804946 USD
CY2015Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3190178 USD
CY2015Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3445200 USD
CY2015Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3309055 USD
CY2015 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
12749379 USD
CY2016Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4387079 USD
CY2016Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
6094921 USD
CY2016Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5665357 USD
CY2016Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4230804 USD
CY2016 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
20378161 USD
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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126835 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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126595 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-37152490 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-76645610 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-76645613 USD
CY2015 us-gaap Royalty Expense
RoyaltyExpense
0 USD
CY2016 us-gaap Royalty Expense
RoyaltyExpense
20000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
0 USD
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
0 USD
CY2016Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
0 USD
CY2016Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
112685 USD
CY2016Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
586134 USD
CY2016Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
291099 USD
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
989918 USD
us-gaap Sales Revenue Net
SalesRevenueNet
0 USD
CY2015 us-gaap Sales Revenue Net
SalesRevenueNet
0 USD
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
0 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
112685 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
599074 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
298904 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
1010663 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
6597359 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
6572963 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
875868 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
7.49
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
51719 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
149386 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
64302 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
423527 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1020234 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
994748 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
763320 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.20
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.55
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.35
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
9073673 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1605684 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1824973 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2156250 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.34
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.66
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
1594651 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
2117832 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
8.64
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.60
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
8.63
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
2.59
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
9.86
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
10.03
CY2016Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
1082490 USD
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y10M13D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y10M24D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y11M9D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P7Y11M1D
CY2015Q4 us-gaap Shares Held In Employee Stock Option Plan Committed To Be Released
SharesHeldInEmployeeStockOptionPlanCommittedToBeReleased
175131 shares
CY2016Q4 us-gaap Shares Held In Employee Stock Option Plan Committed To Be Released
SharesHeldInEmployeeStockOptionPlanCommittedToBeReleased
354569 shares
CY2015 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
0 USD
CY2016 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
170000 USD
CY2016 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
0 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
13572 shares
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
47280 shares
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
8516 shares
CY2015 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
79860185 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2016 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
8138 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
408321 USD
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
22098 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
-6538340 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
92192408 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
59317386 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
0 USD
CY2015Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
0.2335
CY2016 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
15400000 USD
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
1753024 shares
CY2015Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
10179955 shares
CY2015Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
15034764 shares
CY2015Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
15290435 shares
CY2015Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
15551800 shares
CY2015 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
14032916 shares
CY2016Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
15843532 shares
CY2016Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
16105555 shares
CY2016Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
16361617 shares
CY2016Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
16619596 shares
CY2016 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
16233985 shares
CY2016 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Concentration of risk</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The Company outsources the manufacture of HOTSHOT to a single co-packer that produces bottled finished goods. The Company also sources certain raw materials from sole suppliers. A disruption in the supply of materials or the production of finished goods could significantly impact the Company's revenues in the future as alternative sources of raw materials and co-packing may not be available at commercially reasonable rates or within a reasonably short period of time. </font></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Concentrations of credit risk and off-balance sheet risk</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Cash, cash equivalents and marketable securities are financial instruments that potentially subject the Company to concentrations of credit risk. The Company's cash, cash equivalents and marketable securities are held in accounts at financial institutions that management believes are creditworthy. The Company has not experienced any credit losses in such accounts and does not believe it is exposed to any significant credit risk on these funds. The Company has no financial instruments with off-balance sheet risk of loss.</font></div></div>
CY2016 us-gaap Revenue Recognition Discounts
RevenueRecognitionDiscounts
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Discounts provided to customers are accounted for as a reduction of net product revenue. </font></div></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. On an ongoing basis, the Company's management evaluates its estimates, which include, but are not limited to, estimates related to inventory write-offs, clinical study accruals, stock-based compensation expense, and amounts of expenses during the reported period. The Company bases its estimates on historical experience and other market-specific or other relevant assumptions that it believes to be reasonable under the circumstances. Actual results may differ from those estimates or assumptions.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Prior to the Company's IPO, the Company utilized significant estimates and assumptions in determining the fair value of its common stock. The Company utilized various valuation methodologies in accordance with the framework of the 2004 and 2013 American Institute of Certified Public Accountants Technical Practice Aids, </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Valuation of Privately-Held Company Equity Securities Issued as Compensation</font><font style="font-family:Arial;font-size:10pt;">, to estimate the fair value of its common stock. Each valuation methodology included estimates and assumptions that required the Company's judgment. These estimates and assumptions included a number of objective and subjective factors, including external market conditions affecting the biotechnology industry sector, the prices at which the Company sold shares of preferred stock, the superior rights and preferences of securities senior to the Company's common stock at the time and the likelihood of achieving a liquidity event, such as an initial public offering or a sale of the Company. Significant changes to the key assumptions used in the valuations could have resulted in different fair values of common stock at each valuation date and may have materially affected the financial statements.</font></div></div>

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