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Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 5,404 $ 3,583
Short-term investments 19,600 25,457
Accounts receivable (net of allowances of $73 at December 31, 2016 and $161 at December 31, 2015) 1,154 2,222
Inventories 3,782 3,917
Prepaid expenses and other current assets 2,486 3,142
Total current assets 32,426 38,321
Property and equipment, net 1,297 1,566
Goodwill 6,399 6,399
Long-term restricted investments 150 250
Other long-term assets 236 236
Total assets 40,508 46,772
Current liabilities:    
Accounts payable 2,086 1,286
Accrued liabilities 5,060 4,970
Contract research liabilities 783 575
Deferred revenue, current portion 968 616
Term loan, current portion, net 19,853  
Total current liabilities 28,750 7,447
Deferred revenue, non-current portion 1,879 2,269
Term loan, non-current portion, net   19,684
Other long-term liabilities 1,541 2,489
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value: 10,000 shares authorized; none issued and outstanding
Common stock, $0.0001 par value: 200,000 shares authorized; 141,297 and 121,839 shares issued and outstanding at December 31, 2016 and 2015, respectively 14 12
Additional paid-in capital 448,404 420,453
Accumulated other comprehensive income (loss) (3) (14)
Accumulated deficit (440,077) (405,568)
Stockholders’ equity 8,338 14,883
Total liabilities and stockholders’ equity $ 40,508 $ 46,772