Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

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Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 18,314 $ 11,565
Marketable securities 4,368 29,127
Collaboration receivables 1,650 3,677
Prepaid and other current assets 1,179 3,057
Total current assets 25,511 47,426
Property and equipment, net 102 154
Other assets 550 1,223
Total assets 26,163 48,803
Current liabilities:    
Accounts payable and accrued expenses 3,013 6,216
Accrued compensation 303 2,230
Current portion of deferred revenue 404 10,075
Current portion of lease liabilities 439 0
Total current liabilities 4,159 18,521
Deferred revenue, less current portion 0 2,815
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 September 30, 2019; 33,165 shares issued and outstanding at December 31, 2018 3 3
Additional paid-in capital 217,285 214,042
Accumulated other comprehensive income (loss) 1 (17)
Accumulated deficit (195,285) (186,629)
Total stockholders’ equity 22,004 27,399
Total liabilities and stockholders’ equity $ 26,163 $ 48,803