Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.19.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 19,168 $ 11,565
Marketable securities 14,665 29,127
Collaboration receivables 3,860 3,677
Prepaid and other current assets 2,633 3,057
Total current assets 40,326 47,426
Property and equipment, net 145 154
Other assets 1,707 1,223
Total assets 42,178 48,803
Current liabilities:    
Accounts payable and accrued expenses 7,292 6,216
Accrued compensation 935 2,230
Current portion of deferred revenue 8,150 10,075
Current portion of lease liabilities 398 0
Total current liabilities 16,775 18,521
Deferred revenue, less current portion 1,576 2,815
Lease liabilities, less current portion 229 0
Deferred rent, less current portion 0 68
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.0001 par value; 200,000 shares authorized; 33,165 shares issued and outstanding at March 31, 2019; 33,165 shares issued and outstanding at December 31, 2018 3 3
Additional paid-in capital 214,968 214,042
Accumulated other comprehensive income (loss) 3 (17)
Accumulated deficit (191,376) (186,629)
Total stockholders’ equity 23,598 27,399
Total liabilities and stockholders’ equity $ 42,178 $ 48,803