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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 30,347 $ 22,493
Marketable securities 6,769 33,783
Restricted cash 52 43
Prepaid expenses and other current assets 1,800 1,390
Total current assets 38,968 57,709
Property and equipment, net 165 201
Operating lease right-of-use asset 678 924
Other long-term assets 110 113
Total assets 39,921 58,947
Current liabilities:    
Accounts payable 770 1,871
Accrued expenses 3,485 4,655
Current portion of long-term debt 5,149 4,336
Advances from collaboration partners 805 403
Current portion of operating lease liability 524 499
Taxes payable 38 43
Total current liabilities 10,771 11,807
Long-term debt 8,704 10,502
Operating lease liability 155 425
Total liabilities 19,630 22,734
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value per share, 5,000,000 shares authorized, no shares issued or outstanding as of June 30, 2020 and December 31, 2019
Common stock, $0.01 par value per share, 500,000,000 shares authorized, 40,326,906 and 40,186,469 shares issued, and 40,135,290 and 40,030,763 shares outstanding as of June 30, 2020 and December 31, 2019, respectively 403 402
Common stock in treasury, at cost, 191,616 and 155,706 shares as of June 30, 2020 and December 31, 2019, respectively (1,822) (1,703)
Additional paid-in capital 180,549 174,515
Accumulated other comprehensive income 13 18
Accumulated deficit (158,852) (137,019)
Total stockholders’ equity 20,291 36,213
Total liabilities and stockholders’ equity $ 39,921 $ 58,947