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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 38,130 $ 16,901
Short-term investments, available-for-sale 49,635 96,574
Accounts receivable 378 1,233
Prepaid expenses and other current assets 2,100 3,385
Total current assets 90,243 118,093
Property and equipment, net of accumulated depreciation 291 540
Operating lease right-of-use assets 2,943 709
Other long-term assets 27 34
Total assets 93,504 119,376
Current liabilities:    
Accounts payable 880 2,398
Accrued liabilities 6,532 6,830
Total current liabilities 7,412 9,228
Lease-related obligations 2,923 196
Total liabilities 10,335 9,424
Stockholders’ equity:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized at September 30, 2020 and December 31, 2019; no shares issued and outstanding as of September 30, 2020 and December 31, 2019 0 0
Common stock, $0.001 par value, 200,000,000 shares authorized at September 30, 2020 and December 31, 2019; 62,629,722 and 61,590,013 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 63 62
Additional paid-in capital 783,758 778,693
Accumulated other comprehensive gain, net 33 35
Accumulated deficit (700,685) (668,838)
Total stockholders’ equity 83,169 109,952
Total liabilities and stockholders’ equity $ 93,504 $ 119,376