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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 19,524 $ 5,084
Accounts receivable 50 56
Prepaid expenses and other current assets 536 160
Restricted cash 100 0
Investment held-to-maturity 0 4,747
TOTAL CURRENT ASSETS 20,210 10,047
PROPERTY AND EQUIPMENT    
Fixed assets 3,212 2,269
Less: Accumulated depreciation and amortization (1,858) (1,275)
PROPERTY AND EQUIPMENT, NET 1,354 994
NONCURRENT ASSETS    
Intangible assets, net 1,353 1,253
Restricted cash 0 100
Goodwill 824 789
Other assets 19 16
TOTAL NONCURRENT ASSETS 2,196 2,158
TOTAL ASSETS 23,760 13,199
CURRENT LIABILITIES    
Accounts payable 708 905
Accrued expenses 314 35
Accrued salaries and payroll related expenses 1,936 1,765
Deferred revenue, current 143 279
Deferred rent, current 0 20
TOTAL CURRENT LIABILITIES 3,101 3,004
LONG-TERM LIABILITIES    
Deferred revenue 0 46
Deferred rent 10 0
Deferred income taxes 1 16
TOTAL LIABILITIES 3,112 3,066
Commitments and contingencies (Note 9)
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value, 47,000,000 authorized and 12,468,647 issued and outstanding as of December 31, 2016, and 19,511,276 issued and outstanding as of December 31, 2017 20 12
Preferred stock, $0.001 par value, 3,000,000 authorized and none outstanding as of December 31, 2016 and 2017 0 0
Additional paid-in capital 88,447 56,331
Accumulated other comprehensive loss (7) (51)
Accumulated deficit (67,812) (46,159)
TOTAL STOCKHOLDERS’ EQUITY 20,648 10,133
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 23,760 $ 13,199