Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 42,149 $ 58,588
Marketable securities 39,799 25,005
Accounts receivable   867
Prepaid expenses and other current assets 1,026 1,048
Restricted cash, current 193  
Total current assets 83,167 85,508
Property and equipment, net 4,127 4,850
Other long-term assets 1,093 482
Restricted cash, net of current portion 290 483
Total assets 88,677 91,323
Current liabilities:    
Accounts payable 1,846 2,415
Accrued expenses 6,958 6,115
Deferred revenue   550
Deferred rent, current portion 346 319
Capital lease obligations, current portion 89 168
Total current liabilities 9,239 9,567
Deferred rent, net of current portion 839 1,101
Capital lease obligations, net of current portion 7 53
Commitments and contingencies (Note 8)
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized at September 30, 2017 and December 31, 2016, respectively, 0 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively
Common stock, $0.001 par value; 200,000,000 shares authorized at September 30, 2017 and December 31, 2016, respectively; 26,292,451 and 23,380,888 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively 26 23
Additional paid-in capital 218,540 181,844
Accumulated other comprehensive loss (10) (9)
Accumulated deficit (139,964) (101,256)
Total stockholders' equity 78,592 80,602
Total liabilities and stockholders' equity $ 88,677 $ 91,323