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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
[1]
Current assets:    
Cash and cash equivalents $ 198,116 $ 98,426
Short-term investments 82,064 77,277
Prepaid expenses and other current assets 1,834 1,141
Amounts owed by a related party 54 25
Total current assets 282,068 176,869
Long-term investments 10,595  
Property, plant and equipment-net 11,813 11,230
Equity investment in related party 515 682
Restricted cash 203 203
Other long-term assets 205 1,502
Total assets 305,399 190,486
Current liabilities    
Accounts payable 3,920 3,820
Accrued liabilities 3,610 3,137
Deferred revenue, current 5,000 5,000
Other current liabilities 1,732 769
Total current liabilities 14,262 12,726
Deferred revenue, noncurrent 17,337 18,587
Deferred rent 4,655 4,740
Other long-term liabilities 2,554 565
Total liabilities 38,808 36,618
Convertible preferred stock, $0.0001 par value, no shares and 120,958,867 shares authorized as of March 31, 2018 and December 31, 2017, respectively; no shares and 30,459,574 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively; aggregate liquidation preference of 226,725, as of December 31, 2017 0 226,196
Stockholders’ equity (deficit):    
Preferred stock, $0.0001 par value, 10,000,000 shares and no shares authorized as of March 31, 2018 and December 31, 2017, respectively; no shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively 0
Common stock; $0.0001 par value; 400,000,000 and 153,993,227 shares authorized as of March 31, 2018 and December 31, 2017, respectively; 44,454,275 and 4,090,898 shares issued and outstanding as of March 31, 2018 and December 31, 2017 respectively 4  
Additional paid-in capital 352,872 948
Accumulated deficit (86,188) (73,234)
Accumulated other comprehensive loss (97) (42)
Total stockholders’ equity (deficit) 266,591 (72,328)
Total liabilities, convertible preferred stock and stockholders’ equity (deficit) $ 305,399 $ 190,486
[1] The Condensed Consolidated Balance Sheet as of December 31, 2017 has been derived from the audited financial statements as of that date.