Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.19.2
Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 13,437 $ 11,565
Marketable securities 15,312 29,127
Collaboration receivables 3,194 3,677
Prepaid and other current assets 3,468 3,057
Total current assets 35,411 47,426
Property and equipment, net 124 154
Other assets 631 1,223
Total assets 36,166 48,803
Current liabilities:    
Accounts payable and accrued expenses 8,609 6,216
Accrued compensation 783 2,230
Current portion of deferred revenue 2,130 10,075
Current portion of lease liabilities 419 0
Total current liabilities 11,941 18,521
Deferred revenue, less current portion 0 2,815
Lease liabilities, less current portion 116 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; 33,170 shares issued and outstanding at June 30, 2019; 33,165 shares issued and outstanding at December 31, 2018 3 3
Additional paid-in capital 216,133 214,042
Accumulated other comprehensive income (loss) 5 (17)
Accumulated deficit (192,032) (186,629)
Total stockholders’ equity 24,109 27,399
Total liabilities and stockholders’ equity $ 36,166 $ 48,803