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Balance Sheet Components (Tables)
9 Months Ended
Sep. 30, 2019
Balance Sheet Components  
Schedule of cash equivalents and available-for-sale securities

Cash equivalents and available-for-sale securities consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2019

 

 

Amortized

 

Gross Unrealized

 

 

 

    

Cost

    

Gains

    

Losses

    

Fair Value

Money market funds

 

$

16,381

 

$

 —

  

$

 

$

16,381

Corporate bonds

 

 

28,083

 

 

23

  

 

(1)

 

 

28,105

Commercial paper

 

 

40,868

 

 

 —

  

 

(3)

 

 

40,865

Government bonds

 

 

46,579

 

 

17

  

 

 —

 

 

46,596

Total cash equivalents and available-for-sale securities

 

$

131,911

 

$

40

  

$

(4)

 

$

131,947

Classified as:

 

 

 

  

 

 

  

 

 

  

 

 

Cash equivalents

 

 

 

  

 

 

  

 

 

  

$

44,450

Available-for-sale securities

 

 

 

  

 

 

  

 

 

  

 

87,497

Total cash equivalents and available-for-sale securities

 

 

 

  

 

 

  

 

 

  

$

131,947

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

Amortized

 

Gross Unrealized

 

 

 

    

Cost

    

Gains

    

Losses

    

Fair Value

Money market funds

 

$

25,390

 

$

 —

  

$

 

$

25,390

Corporate bonds

 

 

8,997

 

 

 —

  

 

(8)

 

 

8,989

Commercial paper

 

 

59,730

 

 

 —

  

 

 —

 

 

59,730

Government bonds

 

 

33,423

 

 

 —

  

 

(29)

 

 

33,394

Total cash equivalents and available-for-sale securities

 

$

127,540

 

$

 —

  

$

(37)

 

$

127,503

Classified as:

 

 

 

  

 

 

  

 

 

  

 

 

Cash equivalents

 

 

 

  

 

 

  

 

 

  

$

80,883

Available-for-sale securities

 

 

 

  

 

 

  

 

 

  

 

46,620

Total cash equivalents and available-for-sale securities

 

 

 

  

 

 

  

 

 

  

$

127,503

 

Summary of Property and Equipment Net

Property and equipment, net consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

September 30, 

 

December 31,

 

    

2019

    

2018

Laboratory equipment

 

$

3,006

 

$

2,533

Furniture and computer equipment

 

 

487

 

 

338

Leasehold improvements

 

 

800

 

 

67

Total property and equipment

 

 

4,293

 

 

2,938

Less: accumulated depreciation and amortization

 

 

(2,559)

 

 

(2,077)

Property and equipment, net

 

$

1,734

 

$

861

 

Summary of Accrued Expenses and Other Payables

 

Accrued expenses and other payables consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

September 30, 

 

December 31,

 

    

2019

 

2018

Accrued clinical and research related expenses

 

$

6,420

 

$

7,781

Accrued employee related expenses

 

 

3,480

 

 

2,726

Accrued professional service fees

 

 

376

 

 

61

Other

 

 

210

 

 

595

Total accrued expenses and other payables

 

$

10,486

 

$

11,163