Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.19.3.a.u2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 41,441 $ 49,886
Marketable securities 49,975 49,793
Accounts receivable and contract assets 20,158  
Prepaid expenses and other current assets 2,649 1,417
Restricted cash, current portion 290 638
Total current assets 114,513 101,734
Property and equipment, net 15,210 3,861
Other long-term assets 490 881
Restricted cash, net of current portion 3,086 290
Right-of-use asset – operating lease 15,821  
Right-of-use assets – financing leases 858  
Total assets 149,978 106,766
Current liabilities:    
Accounts payable 5,853 3,309
Accrued expenses 10,646 13,893
Deferred revenue, current portion 5,739 1,926
Deferred rent, current portion   392
Financing and capital lease obligations, current portion 241 9
Operating lease obligation, current portion 1,037  
Total current liabilities 23,516 19,529
Deferred rent, net of current portion 1,629 353
Deferred revenue, net of current portion 22,639 8,276
Financing and capital lease obligations, net of current portion 621 22
Operating lease obligation, net of current portion 24,018  
Commitments and contingencies (See Note 9)
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized at December 31, 2019 and December 31, 2018; 0 shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively
Common stock, $0.001 par value; 200,000,000 shares authorized at December 31, 2019 and December 31, 2018; 43,367,801 and 33,765,864 shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively 43 34
Additional paid-in capital 372,100 296,100
Accumulated other comprehensive gain (loss) 24 (3)
Accumulated deficit (292,983) (217,545)
Total stockholders' equity 79,184 78,586
Total liabilities and stockholders' equity $ 149,978 $ 106,766