Annual report pursuant to Section 13 and 15(d)

Statements of Stockholders' Equity (Deficit)

v3.3.1.900
Statements of Stockholders' Equity (Deficit) - USD ($)
$ in Thousands
Total
Series A convertible preferred stock
Common stock
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive income (loss)
Beginning Balance at Dec. 31, 2012 $ (80,770) $ 247 $ 1   $ (81,018)  
Beginning Balance, shares at Dec. 31, 2012   66,666 272,096      
Stock-based compensation 230     $ 230    
Stock options exercised $ 10     10    
Stock options exercised, shares 8,874   8,878      
Warrants exercised $ 1     1    
Deemed dividend on redeemable convertible preferred stock (7,278)     (241) (7,037)  
Net income 25,435       25,435  
Ending Balance at Dec. 31, 2013 (62,372) $ 247 $ 1   (62,620)  
Ending Balance, shares at Dec. 31, 2013   66,666 280,974      
Stock-based compensation 1,451     1,363 88  
Employee stock purchases 413     413    
Employee stock purchases, shares     30,358      
Stock options exercised $ 946   $ 1 945    
Stock options exercised, shares 736,519   736,519      
Warrants exercised $ 61     61    
Warrants exercised, shares     222,455      
Reclassification of warrant liability 76     76    
Deemed dividend on redeemable convertible preferred stock (987)       (987)  
Conversion of preferred stock 120,251 $ (247) $ 14 120,484    
Conversion of preferred stock, shares   (66,666) 14,259,647      
Issuance of common stock in connection with initial public offering 49,844   $ 3 49,841    
Issuance of common stock in connection with initial public offering, shares     3,529,411      
Excess tax benefits from stock-based compensation arrangements 1,641     1,641    
Net income 6,826       6,826  
Ending Balance at Dec. 31, 2014 118,150   $ 19 174,824 (56,693)  
Ending Balance, shares at Dec. 31, 2014     19,059,364      
Stock-based compensation 3,640     3,640    
Employee stock purchases 701     701    
Employee stock purchases, shares     31,106      
Stock options exercised $ 1,615   $ 1 1,614    
Stock options exercised, shares 676,715   676,715      
Warrants exercised $ 5     5    
Warrants exercised, shares     15,218      
Excess tax benefits from stock-based compensation arrangements (1,641)     (1,641)    
Net income 11,585       11,585  
Other comprehensive loss (37)         $ (37)
Ending Balance at Dec. 31, 2015 $ 134,018   $ 20 $ 179,143 $ (45,108) $ (37)
Ending Balance, shares at Dec. 31, 2015     19,782,403