Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets

v3.19.3
Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 29,255 $ 32,892
Marketable securities 15,461 28,590
Prepaid expenses and other current assets 2,329 607
Total current assets 47,045 62,089
Restricted cash 1,308 1,303
Property and equipment, net 2,848 3,387
Right-of-use lease asset 5,552  
Other assets 18  
Total assets 56,771 66,779
Current liabilities:    
Accounts payable 3,075 1,416
Accrued expenses and other current liabilities 2,380 3,295
Current portion of loans payable, net 8,158 12,562
Lease liability 600 10
Deferred rent   207
Total current liabilities 14,213 17,490
Loans payable, net   4,811
Leases, net of current portion 7,968 20
Deferred rent, net of current portion   2,931
Warrant liability 6 1
Total liabilities 22,187 25,253
Commitments and contingencies (Note 6)
Stockholders' equity:    
Common stock - $0.001 par value; 200,000,000 shares authorized; 92,581,496 and 82,323,413 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 92 82
Preferred stock - $0.001 par value; 5,000,000 shares authorized, none issued or outstanding at September 30, 2019 and December 31, 2018
Additional paid-in capital 441,187 429,727
Accumulated deficit (406,700) (388,274)
Accumulated other comprehensive loss 5 (9)
Total stockholders' equity 34,584 41,526
Total liabilities and stockholders' equity $ 56,771 $ 66,779