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Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets, Current    
Cash and cash equivalents, fair value $ 43,604 $ 36,641
Marketable securities 114,066 137,777
Prepaid Expense and Other Assets, Current 3,410 4,368
Total Current Assets 161,080 178,786
Property, Plant and Equipment, Net 10,134 7,893
Deposits and other non-current assets 1,876 1,527
Marketable securities 2,000 1,360
Total Assets 175,090 189,566
Liabilities, Current    
Accounts Payable 557 550
Accrued expenses 5,593 6,488
Deferred revenue, current portion 4,914 6,764
Total current liabilities 11,064 13,802
Deferred rent, net of current portion 5,058 4,999
Deferred revenue, net of current portion 35,248 34,818
Other non-current liabilities 1,023 25
Total Liabilities 52,393 53,644
Stockholders' Equity Attributable to Parent    
Common stock, $0.001 par value: 120,000,000 shares authorized at March 31, 2017 and December 31, 2016; 25,851,801 and 25,597,912 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 26 26
Additional Paid in Capital 229,009 225,963
Accumulated other comprehensive gain 325 (52)
Accumulated deficit (106,663) (90,015)
Total stockholders’ deficit 122,697 135,922
Total liabilities, redeemable convertible preferred stock and stockholders’ deficit $ 175,090 $ 189,566