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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 52,051 $ 112,637
Short-term investment securities 26,284 27,798
Prepaid research and development 7,737 8,105
Other current assets 1,944 611
Total current assets 88,016 149,151
Restricted cash 1,252 1,251
Leasehold interest, net 2,168 2,129
Equipment, net 320 282
Right of use asset 9,294 9,402
Goodwill 799 799
Total assets 101,849 163,014
Current liabilities:    
Accounts payable and accrued expenses 30,903 30,041
Other current liabilities 29,245 48,994
Lease liability - current portion 1,602 1,616
Accrued compensation 1,368 3,798
Total current liabilities 63,118 84,449
Deferred revenue, net of current portion 724 762
Long-term debt 29,201 28,970
Lease liability - non-current 10,159 10,218
Total liabilities 103,202 124,399
Commitments and contingencies
Stockholders' (deficit) equity:    
Common stock, $0.001 par value per share (150,000,000 shares authorized, 110,209,293 and 109,425,243 shares issued, 110,167,984 and 109,383,934 shares outstanding at March 31, 2020 and December 31, 2019, respectively) 110 109
Additional paid-in capital 751,103 739,956
Treasury stock, at cost, 41,309 shares at March 31, 2020 and December 31, 2019 (234) (234)
Accumulated deficit (752,332) (701,216)
Total stockholders' (deficit) equity (1,353) 38,615
Total liabilities and stockholders' (deficit) equity $ 101,849 $ 163,014