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, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 116,873 $ 41,441
Marketable securities 5,003 49,975
Accounts receivable   20,000
Contract assets 1,635 158
Prepaid expenses and other current assets 2,184 2,649
Restricted cash, current portion   290
Total current assets 125,695 114,513
Property and equipment, net 15,756 15,210
Other long-term assets 776 490
Restricted cash, net of current portion 3,086 3,086
Right-of-use asset – operating lease 15,294 15,821
Right-of-use assets – financing leases 793 858
Total assets 161,400 149,978
Current liabilities:    
Accounts payable 4,636 5,853
Accrued expenses 6,843 10,646
Deferred revenue, current portion 6,795 5,739
Financing and capital lease obligations, current portion 247 241
Operating lease obligation, current portion 1,287 1,037
Total current liabilities 19,808 23,516
Deferred revenue, net of current portion 20,681 22,639
Financing lease obligations, net of current portion 557 621
Operating lease obligation, net of current portion 24,244 24,018
Debt, net of debt discount, long term 19,567  
Commitments and contingencies (See Note 9)
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized at March 31, 2020 and December 31, 2019; 0 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively
Common stock, $0.001 par value; 200,000,000 shares authorized at March 31, 2020 and December 31, 2019; 45,690,718 and 43,367,801 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 45 43
Additional paid-in capital 386,704 372,100
Accumulated other comprehensive gain 3 24
Accumulated deficit (310,209) (292,983)
Total stockholders' equity 76,543 79,184
Total liabilities and stockholders' equity $ 161,400 $ 149,978