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BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 61,729 $ 70,946
Receivables 1,864 19
Prepaid expenses and other current assets 20,692 19,818
Total current assets 84,285 90,783
Property and equipment, net 1,097 1,211
Deposits 128 128
Other non-current assets 9,541 13,484
Total assets 95,051 105,606
Current liabilities:    
Accounts payable 707 4,417
Accrued expenses 8,763 9,909
Deferred revenue - current portion   6,389
Deferred rent - current portion 13 141
Total current liabilities 9,483 20,856
Deferred revenue, net of current portion   35,139
Deferred rent, net of current portion 4 1
Derivative liabilities   2,424
Total liabilities 9,487 58,420
Commitments and contingencies (Note 8)
Preferred stock, $0.001 par value, 30,000,000 shares authorized
Stockholders' deficit:    
Common stock, $0.001 par value; 250,000,000 shares authorized; 161,066,136 and 142,658,037 shares issued and outstanding at December 31, 2018 and 2017, respectively 161 143
Additional paid-in capital 651,732 615,493
Accumulated deficit (566,329) (712,442)
Total stockholders' equity (deficit) 85,564 (96,806)
Total liabilities and stockholders' equity (deficit) $ 95,051 105,606
Series 1 Preferred Stock    
Current liabilities:    
Series 1 preferred stock, $1,200 stated value; 250,000 designated; 0 and 119,644 shares issued and outstanding at December 31, 2018 and 2017 respectively; liquidation value of $0 million and $143.6 at December 31, 2018 and 2017, respectively   $ 143,992