Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.20.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 14,951 $ 24,182
Marketable securities 63,255 83,250
Prepaid expenses 1,878 1,884
Other current assets 1,048 489
Total current assets 81,132 109,805
Property and equipment, net 4,282 4,595
Operating lease right-of-use asset 3,817  
Other assets 282 282
Total assets 89,513 114,682
Current liabilities:    
Accounts payable 823 193
Accrued liabilities 4,218 2,678
Operating lease liabilities, current 900  
Deferred rent, current   354
Other liabilities, current 62 112
Total current liabilities 6,003 3,337
Operating lease liabilities, noncurrent 5,464  
Deferred rent, noncurrent   2,548
Total liabilities 11,467 5,885
Stockholders' equity:    
Common stock, $0.001 par value, 125,000,000 shares authorized as of December 31, 2019 and 2018; 19,208,077 and 19,114,421 shares issued and outstanding as of December 31, 2019 and 2018, respectively 19 19
Preferred stock, $0.001 par value, 10,000,000 shares authorized, zero shares issued and outstanding as of December 31, 2019 and 2018
Additional paid-in capital 162,505 158,176
Accumulated other comprehensive loss (196) (203)
Accumulated deficit (84,282) (49,195)
Total stockholders' equity 78,046 108,797
Total liabilities and stockholders' equity $ 89,513 $ 114,682