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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 103,986 $ 56,461
Marketable securities   1,498
Prepaid expenses and other current assets 2,201 1,242
Total current assets 106,187 59,201
Property and equipment, net 2,626 2,181
Restricted cash 205 205
Other long-term assets   50
Total assets 109,018 61,637
Current liabilities:    
Accounts payable 1,809 1,359
Accrued expenses 3,360 2,796
Deferred rent   228
Loan payable 578 641
Capital lease payable 14  
Total current liabilities 5,761 5,024
Long-term portion of deferred rent 886 468
Long-term portion of loan payable   398
Long-term portion of capital lease payable 28  
Warrant to purchase redeemable security   37
Total liabilities 6,675 5,927
Commitments and contingencies (Note 9)
Convertible preferred stock (Series A-1, A-2, A-3, A-4, B and C), $0.001 par value; no shares authorized, issued or outstanding as of September 30, 2018; 43,157,651 shares authorized and 43,135,911 shares issued and outstanding as of December 31, 2017 (aggregate liquidation preference of $109,561 as of December 31, 2017)   109,232
Stockholders’ equity (deficit):    
Preferred stock, $0.001 par value; 10,000,000 and no shares authorized at September 30, 2018 and December 31, 2017, respectively; no shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively
Common stock, $0.001 par value; 150,000,000 shares authorized and 25,241,766 shares issued and outstanding as of September 30, 2018; 60,000,000 shares authorized and 3,970,586 shares issued and outstanding as of December 31, 2017 25 4
Additional paid-in capital 194,204 4,001
Accumulated other comprehensive loss   (2)
Accumulated deficit (91,886) (57,525)
Total stockholders’ equity (deficit) 102,343 (53,522)
Total liabilities, convertible preferred stock and stockholders’ equity (deficit) $ 109,018 $ 61,637