Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 94,334 $ 32,205
Marketable securities 27,407 39,844
Prepaid expenses and other current assets 1,436 917
Restricted cash 193 193
Total current assets 123,370 73,159
Property and equipment, net 3,565 3,938
Other long-term assets 875 1,101
Restricted cash 290 290
Total assets 128,100 78,488
Current liabilities:    
Accounts payable 1,717 2,283
Accrued expenses 8,980 9,728
Deferred revenue, current 10,272  
Deferred rent, current portion 364 355
Capital lease obligations, current portion 4 47
Total current liabilities 21,337 12,413
Deferred rent, net of current portion 649 745
Deferred revenue, net of current portion 1,610  
Capital lease obligations, net of current portion 5 6
Commitments and contingencies (Note 9)
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized at March 31, 2018 and December 31, 2017, 0 shares issued and outstanding at March 31, 2018 and December 31, 2017
Common stock, $0.001 par value; 200,000,000 shares authorized at March 31, 2018 and December 31, 2017; 32,236,427 and 26,423,375 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively 32 26
Additional paid-in capital 274,230 220,606
Accumulated other comprehensive loss (34) (42)
Accumulated deficit (169,729) (155,266)
Total stockholders' equity 104,499 65,324
Total liabilities and stockholders' equity $ 128,100 $ 78,488