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CONDENSED STATEMENTS OF REDEEMABLE PREFERRED STOCK AND STOCKHOLDER’S EQUITY (DEFICIT) - USD ($)
shares in Thousands, $ in Thousands
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income
Series B1 redeemable convertible preferred stock (Note 7); Designated — 278 shares, Issued and outstanding — 24 and 0 shares at December 31, 2019 and December 31, 2018, respectively
Total
Beginning balance at Dec. 31, 2016 $ 18 $ 641,818 $ (538,470) $ (17)   $ 103,349
Beginning balance (in shares) at Dec. 31, 2016 18,633          
Cumulative effect from adoption of new accounting standard (Note 2)   40 (40)      
Sale of common stock, net of issuance costs $ 5 53,741       53,746
Sale of common stock, net of issuance costs (in shares) 4,792          
Issuance of common stock under employee stock purchase plan   253       253
Issuance of common stock under employee stock purchase plan (in shares) 22          
Issuance of common stock upon exercise of common stock options and warrants $ 1 5,443       5,444
Issuance of common stock upon exercise of common stock options and warrants (in shares) 996          
Issuance of common stock for services rendered   150       150
Issuance of common stock for services rendered (in shares) 10          
Stock-based compensation expense   10,720       10,720
Unrealized gain on marketable securities       $ 17   17
Net loss     (65,984)     (65,984)
Ending balance at Dec. 31, 2017 $ 24 712,165 (604,494)     107,695
Ending balance (in shares) at Dec. 31, 2017 24,453          
Issuance of common stock under employee stock purchase plan   243       243
Issuance of common stock under employee stock purchase plan (in shares) 25          
Issuance of common stock upon exercise of common stock options and warrants $ 3 10,163       10,166
Issuance of common stock upon exercise of common stock options and warrants (in shares) 2,702          
Issuance of common stock for services rendered   97       97
Issuance of common stock for services rendered (in shares) 8          
Stock-based compensation expense   5,674       5,674
Net loss     (59,881)     (59,881)
Ending balance at Dec. 31, 2018 $ 27 728,342 (664,375)     $ 63,994
Ending balance (in shares) at Dec. 31, 2018 27,188         27,188
Sale of common stock, net of issuance costs $ 3 5,295       $ 5,298
Sale of common stock, net of issuance costs (in shares) 2,068          
Sale of redeemable convertible preferred stock         23,684  
Deemed dividend related to December 2019 Private Placement (Note 7)   (28,043)       (28,043)
Issuance of commitment shares (in shares) 270          
Issuance of common stock under employee stock purchase plan   121       121
Issuance of common stock under employee stock purchase plan (in shares) 61          
Issuance of common stock upon exercise of warrants   3       3
Issuance of common stock upon exercise of warrants (in shares) 38          
Issuance of common stock for services rendered   129       129
Issuance of common stock for services rendered (in shares) 47          
Stock-based compensation expense   3,845       3,845
Net loss     (56,515)     (56,515)
Ending balance at Dec. 31, 2019 $ 30 $ 709,692 $ (720,890)     $ (11,168)
Ending balance (in shares) at Dec. 31, 2019 29,672       23,684 29,672