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Loan and Security Agreement (Details) (USD $)
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1 Months Ended |
0 Months Ended |
1 Months Ended |
12 Months Ended |
0 Months Ended |
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May 31, 2014
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Jun. 11, 2014
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May 30, 2014
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May 30, 2014
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Dec. 31, 2014
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Jul. 10, 2014
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Oct. 07, 2014
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Dec. 31, 2013
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Jun. 06, 2014
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May 23, 2011
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Nov. 21, 2011
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May 29, 2012
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| Loan and Security Agreement |
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| Maximum borrowing limit |
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$ 30,000,000 |
$ 30,000,000 |
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| Share issue price (in dollars per share) |
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8.00 |
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$ 18.25 |
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| Fair value of warrants issued (in dollars) |
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1,945,000 |
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| Future principal payments under the Loan and Security Agreement |
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| Current portion of Note payable, net of discount |
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13,005,000 |
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| 2016 |
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10,000,000 |
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| 2017 |
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10,000,000 |
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| 2018 |
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5,000,000 |
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| Total |
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25,000,000 |
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| Series A-1 Convertible Preferred Stock | Maximum |
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| Loan and Security Agreement |
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| Conversion of convertible preferred stock, and associated accumulated dividends into common stock (in shares) |
58,918 |
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| Series B-2 Convertible Preferred Stock |
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| Loan and Security Agreement |
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| Number of shares that can be purchased for warrants issued |
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10,258 |
10,258 |
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| Exercise price of warrants (in dollars per unit) |
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$ 61.42 |
$ 61.42 |
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$ 8.00 |
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| Share issue price (in dollars per share) |
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$ 8.00 |
$ 8.00 |
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| Series B-2 Convertible Preferred Stock | Maximum |
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| Loan and Security Agreement |
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| Conversion of convertible preferred stock, and associated accumulated dividends into common stock (in shares) |
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78,760 |
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| Initial Term Loan |
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| Loan and Security Agreement |
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| Aggregate principal amount |
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21,000,000 |
21,000,000 |
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| Number of payments of principal and interest payable monthly in arrears |
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36 |
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| Minimum aggregate net cash proceeds required to be received to make interest only payments |
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65,000,000 |
65,000,000 |
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| Number of interest and principal payments to be made if minimum required aggregate net cash proceeds are received |
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30 |
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| Fair value of warrants issued (in dollars) |
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300,000 |
300,000 |
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| Payment of facility fees to lender |
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300,000 |
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| Payment of reimbursed costs to lender |
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100,000 |
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| Debt discount amortization period |
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48 months |
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| Proceeds used to repay existing credit facility |
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9,300,000 |
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| Basis spread (as a percent) |
9.85% |
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| Variable interest rate, description |
one-month LIBOR |
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| Second Term Loan |
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| Loan and Security Agreement |
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| Threshold net cash proceed as prerequisite to request term loan |
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65,000,000 |
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| Additional Term Loan that Can be Requested if Threshold of IPO is Met |
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9,000,000 |
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| Basis spread (as a percent) |
9.85% |
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| Variable interest rate, description |
one-month LIBOR |
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| Term Loan |
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| Loan and Security Agreement |
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| Maximum borrowing limit |
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25,000,000 |
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| Final payment fee (as a percent) |
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3.50% |
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| Prepayment fees as percentage of amount prepaid if the prepayment occurs prior to the first anniversary of the funding |
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3.00% |
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| Prepayment fees as percentage of amount prepaid if prepayment occurs between the first and second anniversary of the funding |
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2.00% |
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| Prepayment fees as percentage of amount prepaid if prepayment occurs on or after the second anniversary of the funding |
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1.00% |
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| Term Loan | Series A-1 Convertible Preferred Stock |
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| Loan and Security Agreement |
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| Number of shares that can be purchased for warrants issued |
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12,280 |
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| Exercise price of warrants (in dollars per unit) |
81.42 |
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| Term Loan A |
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| Loan and Security Agreement |
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| Aggregate principal amount |
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6,300,000 |
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| Number of payments of principal and interest payable monthly in arrears |
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36 |
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| Final balloon payment |
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600,000 |
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| Annual interest rate (as a percent) |
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10.16% |
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| Expiration term of warrants |
10 years |
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| Fair value of warrants issued (in dollars) |
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182,600 |
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| Payment of facility fees to lender |
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250,000 |
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| Payment of reimbursed costs to lender |
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117,000 |
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| Term Loan B |
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| Loan and Security Agreement |
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| Aggregate principal amount |
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4,000,000 |
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6,300,000 |
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| Number of payments of principal and interest payable monthly in arrears |
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30 |
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| Final balloon payment |
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600,000 |
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| Annual interest rate (as a percent) |
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10.00% |
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| Number of shares that can be purchased for warrants issued |
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4,706 |
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| Exercise price of warrants (in dollars per unit) |
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$ 12.75 |
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| Expiration term of warrants |
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5 years |
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| Fair value of warrants issued (in dollars) |
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41,000 |
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177,600 |
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| Payment of reimbursed costs to lender |
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18,000 |
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| Term Loan C |
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| Loan and Security Agreement |
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| Aggregate principal amount |
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12,500,000 |
| Number of payments of principal and interest payable monthly in arrears |
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24 |
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| Final balloon payment |
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1,300,000 |
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| Annual interest rate (as a percent) |
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10.00% |
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| Fair value of warrants issued (in dollars) |
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379,700 |
| Payment of reimbursed costs to lender |
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31,000 |
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| Term Loan C | Scenario, Forecast |
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| Loan and Security Agreement |
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| Aggregate principal amount |
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5,000,000 |
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| Threshold net cash proceed as prerequisite to request term loan |
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13,000,000 |
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