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, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 22,129 $ 49,886
Marketable securities 53,737 49,793
Prepaid expenses and other current assets 1,259 1,417
Restricted cash, current portion 638 638
Total current assets 77,763 101,734
Property and equipment, net 3,897 3,861
Other long-term assets 1,103 881
Restricted cash, net of current portion 3,376 290
Right-of-use – Operating lease 1,308  
Right-of-use – Financing lease 981  
Total assets 88,428 106,766
Current liabilities:    
Accounts payable 2,632 3,309
Accrued expenses 9,086 13,893
Deferred revenue, current portion 1,848 1,926
Deferred rent, current portion   392
Financing and capital lease obligations, current portion 221 9
Operating lease obligation, current portion 1,192  
Total current liabilities 14,979 19,529
Deferred rent, net of current portion   353
Deferred revenue, net of current portion 7,900 8,276
Financing and capital lease obligations, net of current portion 766 22
Operating lease obligation, net of current portion 765  
Commitments and contingencies (See Note 8)
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized at March 31, 2019 and December 31, 2018; 0 shares issued and outstanding at March 31, 2019 and December 31, 2018
Common stock, $0.001 par value; 200,000,000 shares authorized at March 31, 2019 and December 31, 2018; 33,766,941 and 33,765,864 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 34 34
Additional paid-in capital 297,982 296,100
Accumulated other comprehensive gain (loss) 8 (3)
Accumulated deficit (234,006) (217,545)
Total stockholders' equity 64,018 78,586
Total liabilities and stockholders' equity $ 88,428 $ 106,766