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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 10,264 $ 29,096
Short-term investments 6,800 3,402
Restricted cash 19,468 33,794
Deposits   133
Accounts receivable 31 492
Prepaid and other current assets 958 1,781
Total current assets 37,521 68,698
Restricted cash, noncurrent 125 125
Property and equipment, net 444 698
Total assets 38,090 69,521
Current liabilities:    
Accounts payable 837 939
Accrued compensation 596 926
Other accrued liabilities 805 535
Deferred revenue, current portion 283 438
Deferred rent, current portion 41 19
Redeemable convertible notes 19,403 33,743
Derivative liability   1,156
Total current liabilities 21,965 37,756
Deferred revenue, noncurrent portion 47 292
Deferred rent, noncurrent portion 7 48
Total liabilities 22,019 38,096
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000,000 shares and no shares authorized and outstanding at both December 31, 2016 and December 31, 2015
Common stock, $0.001 par value, 100,000,000 shares authorized; 801,756 and 762,005 shares issued and outstanding at December 31, 2016 and December 31, 2015 1 1
Additional paid-in capital 164,053 162,460
Accumulated other comprehensive income (loss) (1) 1
Accumulated deficit (147,982) (131,037)
Total stockholders’ equity 16,071 31,425
Total liabilities and stockholders’ equity $ 38,090 $ 69,521