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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 107,035 $ 101,559
Marketable securities 111,977 135,457
Accounts receivable 3,685 3,467
Prepaid expenses and other current assets 2,856 3,090
Total current assets 225,553 243,573
Property and equipment, net 3,222 3,446
Restricted cash 275 275
Other assets 108 141
Total assets 229,158 247,435
Current liabilities:    
Accounts payable 4,623 5,167
Accrued expenses 5,615 6,639
Deferred revenue, current portion 26,497 23,450
Deferred rent, current portion 106 94
Total current liabilities 36,841 35,350
Long-term liabilities:    
Deferred revenue, net of current portion 64,002 70,954
Deferred rent, net of current portion 180 213
Total liabilities 101,023 106,517
Stockholders’ Equity    
Preferred shares, $0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of March 31, 2020 and December 31, 2019
Common shares, $0.0001 par value, 400,000,000 shares authorized, 30,283,725 shares issued and outstanding as of March 31, 2020 and 30,110,251 shares issued and outstanding as of December 31, 2019 3 3
Additional paid‑in capital 241,776 238,384
Accumulated deficit (114,259) (97,513)
Accumulated other comprehensive income 615 44
Total stockholders’ equity 128,135 140,918
Total liabilities and stockholders’ equity $ 229,158 $ 247,435