Balance sheet components (Tables)
|
12 Months Ended |
Dec. 31, 2015 |
|---|
| Balance sheet components |
|
| Schedule cash, cash equivalents, short-term investments, and long-term investments |
The following is a summary of cash equivalents and marketable securities (in thousands).
|
|
|
December 31, 2015
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Amortized
Cost
|
|
Gross
Unrealized
Gains
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|
Gross
Unrealized
Losses
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|
Estimated
Fair Value
|
|
|
Money market funds
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|
$
|
39,998
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|
$
|
—
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|
$
|
—
|
|
$
|
39,998
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|
|
U.S. treasury notes
|
|
|
4,006
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|
|
—
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|
|
—
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|
4,006
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U.S. government agency securities
|
|
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65,586
|
|
|
1
|
|
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(16
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)
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|
65,571
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$
|
109,590
|
|
$
|
1
|
|
$
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(16
|
)
|
$
|
109,575
|
|
|
|
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Reported as:
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Cash equivalents
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$
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50,964
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Restricted cash
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4,831
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|
Marketable securities
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|
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53,780
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|
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Total cash equivalents, restricted cash and marketable securities
|
|
|
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|
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$
|
109,575
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|
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December 31, 2014
|
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Amortized
Cost
|
|
Gross
Unrealized
Gains
|
|
Gross
Unrealized
Losses
|
|
Estimated
Fair Value
|
|
|
Money market funds
|
|
$
|
15,167
|
|
$
|
—
|
|
$
|
—
|
|
$
|
15,167
|
|
|
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$
|
15,167
|
|
$
|
—
|
|
$
|
—
|
|
$
|
15,167
|
|
|
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Reported as:
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Cash equivalents
|
|
|
|
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|
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$
|
15,017
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Restricted cash
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|
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150
|
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Total cash equivalents, and restricted cash
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|
|
|
|
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$
|
15,167
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| Schedule of available for sale securities continuous unrealized loss position |
The following table summarizes the available-for-sale securities that were in an unrealized loss position as of December 31, 2015, having been in such a position for less than 12 months, and none having been deemed to be other-than-temporarily impaired (in thousands):
|
|
|
Gross
Unrealized
Losses
|
|
Estimated
Fair Value
|
|
|
U.S. government agency securities
|
|
$
|
16
|
|
$
|
42,034
|
|
|
| Schedule of Property and equipment |
Property and equipment consisted of the following (in thousands):
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December 31,
|
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2015
|
|
2014
|
|
|
Leasehold improvements
|
|
$
|
2,548
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|
$
|
1,914
|
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Laboratory equipment
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10,461
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6,528
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Equipment under capital lease
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8,224
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3,735
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Computer equipment
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|
2,397
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|
1,156
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Software
|
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2,368
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|
831
|
|
|
Furniture and fixtures
|
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|
210
|
|
|
158
|
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Automobiles
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20
|
|
|
—
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Construction-in-progress
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1,202
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4,853
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Total property and equipment, gross
|
|
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27,430
|
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|
19,175
|
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Accumulated depreciation and amortization
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|
(8,721
|
)
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(3,503
|
)
|
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|
Total property and equipment, net
|
|
$
|
18,709
|
|
$
|
15,672
|
|
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| Schedule of Accrued liabilities |
Accrued liabilities consisted of the following (in thousands):
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|
Year ended
December 31,
|
|
|
|
|
2015
|
|
2014
|
|
|
Accrued compensation and related expenses
|
|
$
|
2,307
|
|
$
|
1,439
|
|
|
Accrued laboratory materials purchases
|
|
|
426
|
|
|
—
|
|
|
Accrued professional services
|
|
|
272
|
|
|
1,030
|
|
|
Accrued costs for construction-in-progress
|
|
|
—
|
|
|
32
|
|
|
Other
|
|
|
1,248
|
|
|
736
|
|
|
|
|
|
|
|
|
|
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|
Total accrued liabilities
|
|
$
|
4,253
|
|
$
|
3,237
|
|
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