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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 5,759 $ 11,676
Short-term investments 20,035 23,656
Accounts receivable, net of allowance for doubtful accounts of $0 as of December 31, 2016 and December 31, 2015 5,063 6,114
Prepaid expenses and other current assets 1,397 1,608
Total current assets 32,254 43,054
Long-term investments 1,995  
Materials inventory 3,357 4,413
Property and equipment, net 10,964 15,735
Intangible assets, net 4,001 5,969
Other assets 597 506
Total assets 53,168 69,677
Current liabilities:    
Accounts payable 309 848
Accrued liabilities 1,451 2,385
Accrued compensation and employee benefits 1,663 4,416
Deferred revenue 1,533 2,595
Total current liabilities 4,956 10,244
Deferred rent, net of current portion 3,149 3,299
Other long-term liabilities 67 35
Total liabilities 8,172 13,578
Commitments and contingencies (note 5)
Stockholders’ equity:    
Common stock, par value $0.001 per share—200,000,000 shares authorized; 49,513,528 and 49,092,260 shares issued and outstanding as of December 31, 2016 and December 31, 2015, respectively 50 49
Additional paid-in capital 213,313 208,972
Accumulated other comprehensive loss (32) (24)
Accumulated deficit (168,335) (152,898)
Total stockholders’ equity 44,996 56,099
Total liabilities and stockholders’ equity $ 53,168 $ 69,677