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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 64,349 $ 41,958
Short-term investment securities 28,125 26,943
Prepaid research and development 11,120 9,691
Other current assets 1,464 439
Total current assets 105,058 79,031
Restricted cash 1,244 1,241
Leasehold interest, net 2,249 2,294
Equipment, net 241 251
Right of use asset 7,947 0
Goodwill 799 799
Total assets 117,538 83,616
Current liabilities:    
Accounts payable and accrued expenses 40,199 36,377
Other current liabilities 18,626 219
Lease liability - current portion 1,261 0
Accrued compensation 854 2,258
Total current liabilities 60,940 38,854
Deferred rent 0 1,462
Deferred revenue, net of current portion 876 914
Long-term debt 28,286 0
Lease liability - non current 8,182 0
Long-term liabilities 0 18,350
Total liabilities 98,284 59,580
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value per share (10,000,000 shares authorized, none issued and outstanding as of March 31, 2019 and December 31, 2018) 0 0
Common stock, $0.001 par value per share (150,000,000 shares authorized, 88,582,227 and 83,911,855 shares issued, 88,540,918 and 83,870,546 shares outstanding at March 31, 2019 and December 31, 2018, respectively) 89 84
Additional paid-in capital 582,900 552,531
Treasury stock, at cost, 41,309 shares at March 31, 2019 and December 31, 2018 (234) (234)
Accumulated deficit (563,501) (528,345)
Total stockholders' equity 19,254 24,036
Total liabilities and stockholders' equity $ 117,538 $ 83,616