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Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 47,748,000 $ 29,294,000
Marketable securities 15,754,000 3,768,000
Restricted cash   80,000
Accounts receivable - grant 1,215,000 1,697,000
Deferred offering costs   2,535,000
Prepaid expenses and other current assets 1,707,000 912,000
Total current assets 66,424,000 38,286,000
Property and equipment, net 599,000 348,000
Other non-current assets 40,000 20,000
TOTAL ASSETS 67,063,000 38,654,000
CURRENT LIABILITIES    
Accounts payable 168,000 176,000
Deferred revenue 71,000 0
Accrued and other current liabilities 3,726,000 2,347,000
Total current liabilities 3,965,000 2,523,000
Other non-current liabilities 132,000 27,000
TOTAL LIABILITIES 4,097,000 2,550,000
Commitments and Contingencies (Note 14 and 16)
STOCKHOLDERS’ EQUITY (DEFICIT)    
Preferred stock, $0.0001 par value; 10,000,000 shares and no shares authorized as of December 31, 2016 and 2015, respectively; no shares issued and outstanding as of December 31, 2016 and 2015, respectively
Common stock, $0.0001 par value; 500,000,000 shares and 25,000,000 shares authorized as of December 31, 2016 and 2015, respectively; 13,430,833 shares and 757,336 shares issued and outstanding as of December 31, 2016 and 2015, respectively 1,000  
Additional paid-in capital 108,246,000 1,373,000
Accumulated other comprehensive loss (4,000) (1,000)
Accumulated deficit (45,277,000) (23,579,000)
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT) 62,966,000 (22,207,000)
TOTAL LIABILITIES, CONVERTIBLE PREFERRED STOCK, AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 67,063,000 38,654,000
Series A Convertible Preferred Stock    
CURRENT LIABILITIES    
Convertible preferred stock   13,573,000
Series B Convertible Preferred Stock    
CURRENT LIABILITIES    
Convertible preferred stock   $ 44,738,000