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Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 4,272 $ 5,404
Short-term investments 12,406 19,600
Accounts receivable (net of allowances of $87 at March 31, 2017 and $73 at December 31, 2016) 2,076 1,154
Inventories 3,462 3,782
Prepaid expenses and other current assets 2,905 2,486
Total current assets 25,121 32,426
Property and equipment (net of accumulated depreciation of $21,488 and $21,376 at March 31, 2017 and December 31, 2016, respectively) 1,191 1,297
Goodwill 6,399 6,399
Long-term restricted investments 150 150
Other long-term assets 236 236
Total assets 33,097 40,508
Current liabilities:    
Accounts payable 1,138 2,086
Accrued liabilities 3,289 5,060
Contract research liabilities 787 783
Deferred revenue, current portion 1,016 968
Term loan, current portion, net 1,272 19,853
Total current liabilities 7,502 28,750
Deferred revenue, non-current portion 1,822 1,879
Term loan, non-current portion, net 18,597  
Other long-term liabilities 1,929 1,541
Commitments and contingencies
Stockholders’ equity:    
Common stock 14 14
Additional paid-in capital 451,429 448,404
Accumulated other comprehensive income (loss) (5) (3)
Accumulated deficit (448,191) (440,077)
Stockholders’ equity 3,247 8,338
Total liabilities and stockholders’ equity $ 33,097 $ 40,508