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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash $ 74,910 $ 114,565
Inventory 976  
Prepaid expenses and other current assets 4,569 648
Total current assets 80,455 115,213
Property and equipment, net 1,311 786
Right-of-use asset 131 413
Restricted cash 2,178 134
Total assets 84,075 116,546
Current liabilities:    
Accounts payable 1,283 1,202
Accrued expenses 7,968 6,606
Lease liabilities 101 397
Current portion of long-term debt 3,333 6,667
Total current liabilities 12,685 14,872
Long-term liabilities:    
Long-term debt - less current portion 16,456 11,987
Other long-term liabilities   8
Total long-term liabilities 16,456 11,995
Total liabilities 29,141 26,867
Commitments and Contingencies (Note 11)
Stockholders' equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized as of September 30, 2018 and December 31, 2017; no shares issued or outstanding as of September 30, 2018 or December 31, 2017
Common stock, $0.001 par value; 120,000,000 shares authorized as of September 30, 2018 and December 31, 2017; 24,645,542 and 24,538,309 shares issued and outstanding as of September 30, 2018 and December 31, 2017, respectively 25 25
Additional paid-in capital 230,799 224,025
Accumulated deficit (175,890) (134,371)
Total stockholders' equity 54,934 89,679
Total liabilities and stockholders' equity $ 84,075 $ 116,546