Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Balance Sheets

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Unaudited Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 16,080 $ 11,469
Short-term investments 33,408 32,424
Prepaid expenses and other current assets 692 1,067
Restricted cash 55 0
Total current assets 50,235 44,960
Other assets 573 576
Deferred offering costs 107 314
Restricted cash 273 0
Property and equipment, net 462 0
Total assets 51,650 45,850
Current liabilities:    
Accounts payable 1,975 3,833
Accrued expenses 1,403 1,705
Deferred revenue, current portion 185 257
Loan payable, current portion 7,349 4,349
Warrant liability 174 0
Total current liabilities 11,086 10,144
Deferred revenue, non-current 0 121
Warrant liabilities 5,068 3,872
Loan payable, long term 7,617 10,303
Total liabilities 23,771 24,440
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value, authorized 5,000,000 shares as of September 30, 2018 and December 31, 2017; 0 shares issued and outstanding as of September 30, 2018 and December 31, 2017 0 0
Common stock, $0.001 par value, 125,000,000 shares authorized as of September 30, 2018, and December 31, 2017; 47,193,062 and 28,971,651 shares issued and outstanding as of September 30, 2018, and December 31, 2017, respectively 47 29
Additional paid-in capital 247,492 226,631
Accumulated deficit (219,660) (205,250)
Total stockholders’ equity 27,879 21,410
Total liabilities and stockholders’ equity $ 51,650 $ 45,850