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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 8,772 $ 7,081
Marketable securities   900
Prepaid expenses and other current assets 881 194
Total current assets 9,653 8,175
Property and equipment, net 5,173 2,723
Other assets, long-term 188  
Restricted cash 137 137
Total assets 15,151 11,035
Current liabilities:    
Accounts payable 2,207 776
Accrued expenses 1,672 2,705
Current portion of deferred revenue 7,500  
Current portion of deferred rent 40 35
Current portion of deferred lease incentive 238 111
Current portion of equipment loan   178
Total current liabilities 11,657 3,805
Accrued expenses due to Intrexon Corporation 3,040 3,040
Deferred revenue, net of current portion 2,500  
Deferred rent, net of current portion 317 280
Deferred lease incentive, net of current portion 1,144 499
Warrant liability 19,931 14,679
Total liabilities 38,589 22,303
Commitments and contingencies (Note 5)
Convertible preferred stock and stockholders’ equity (deficit):    
Convertible preferred stock, $0.01 par value; 30,000 shares authorized, 1,401.7208 and 4,605.6533 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively
Common stock, $0.01 par value; 100,000,000 shares authorized, 28,791,504 and 24,571,029 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively 186 159
Additional paid-in capital 203,173 196,760
Accumulated deficit (226,797) (208,187)
Total stockholders’ equity (deficit) (23,438) (11,268)
Total liabilities and stockholders’ equity (deficit) $ 15,151 $ 11,035