Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 58,588 $ 35,909
Marketable securities 25,005  
Accounts receivable 867  
Prepaid expenses and other current assets 1,048 540
Total current assets 85,508 36,449
Property and equipment, net 4,850 4,799
Other long-term assets 482 1,900
Restricted cash 483 483
Total assets 91,323 43,631
Current liabilities:    
Accounts payable 2,415 5,035
Accrued expenses 6,115 2,504
Deferred revenue 550  
Deferred rent, current portion 319 284
Capital lease obligations, current portion 168 133
Total current liabilities 9,567 7,956
Deferred rent, net of current portion 1,101 1,420
Capital lease obligations, net of current portion 53 206
Commitments and Contingencies (Note 9)
Stockholders' equity (deficit) :    
Preferred stock, $0.001 par value; 10,000,000 and 0 shares authorized at December 31, 2016 and 2015, respectively, 0 shares issued and outstanding at December 31, 2016 and 2015 , respectively
Common stock, $0.001 par value; 200,000,000 and 66,171,908 shares authorized at December 31, 2016 and 2015, respectively; 23,380,888 and 2,363,018 shares issued and outstanding at December 31, 2016 and 2015, respectively 23 2
Additional paid-in capital 181,844 5,547
Accumulated other comprehensive loss (9)  
Accumulated deficit (101,256) (53,513)
Total stockholders' equity (deficit) 80,602 (47,964)
Total liabilities, convertible preferred stock and stockholders' equity (deficit) $ 91,323 43,631
Series A convertible preferred stock    
Current liabilities:    
Convertible preferred stock   29,015
Series B convertible preferred stock    
Current liabilities:    
Convertible preferred stock   $ 52,998