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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 98,192 $ 147,840
Restricted cash   31
Other current assets 1,399 3,661
Total current assets 99,591 151,532
Property and equipment, net 1,689 205
Operating lease right-of-use assets 2,086  
Other assets 318 187
TOTAL ASSETS 103,684 151,924
LIABILITIES    
Accounts payable 7,628 5,872
Accrued liabilities 5,848 3,251
Operating lease liabilities, current portion 516  
Total current liabilities 13,992 9,123
Accrued milestone and royalty payments 1,932 2,050
Operating lease liabilities, long-term portion 1,821  
Other liabilities   224
TOTAL LIABILITIES 17,745 11,397
Commitments and contingencies (Note 6)
STOCKHOLDERS? EQUITY    
Preferred stock, $0.0001 par value, 5,500,000 shares authorized at September 30, 2019 and December 31, 2018; none issued at September 30, 2019 and December 31, 2018
Common stock, $0.0001 par value, 100,000,000 shares authorized at September 30, 2019 and December 31, 2018; 34,593,666 and 34,193,666 shares issued at September 30, 2019, and December 31, 2018, respectively 3 3
Additional paid in capital 228,532 225,352
Accumulated other comprehensive income 131 7
Accumulated deficit (142,727) (84,835)
TOTAL STOCKHOLDERS' EQUITY 85,939 140,527
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 103,684 $ 151,924