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BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 88,419 $ 61,729
Receivables 3,441 1,864
Prepaid expenses and other current assets 23,739 20,692
Total current assets 115,599 84,285
Property and equipment, net 828 1,097
Operating lease right of use assets 1,283  
Deposits 130 128
Other non-current assets 109 9,541
Total assets 117,949 95,051
Current liabilities:    
Accounts payable 926 707
Accrued expenses 9,573 8,763
Lease liability—current portion 677  
Deferred rent—current portion   13
Total current liabilities 11,176 9,483
Lease liability—noncurrent portion 647  
Deferred rent—noncurrent portion   4
Total liabilities 11,823 9,487
Commitments and contingencies (Note 7)
Stockholders' equity:    
Common stock, $0.001 par value; 250,000,000 shares authorized; 181,030,020 and 161,066,136 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 181 161
Additional paid-in capital 774,324 651,732
Accumulated deficit (668,379) (566,329)
Total stockholders' equity 106,126 85,564
Total liabilities and stockholders' equity $ 117,949 $ 95,051