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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 23,844 $ 23,179
Restricted cash 151 54
Short-term investments 81,486 63,310
Prepaid expenses and other current assets 3,029 1,464
Total current assets 108,510 88,007
Property and equipment, net 260 88
Other assets 243 1,808
Total assets 109,013 89,903
Current liabilities:    
Accounts payable 2,375 1,452
Accrued expenses and other current liabilities 6,771 2,175
Current portion of deferred revenue 1,220 1,220
Total current liabilities 10,366 4,847
Long-term liabilities:    
Common stock warrant liability   2,848
Deferred revenue, less current portion 14,220 15,440
Other long-term liabilities 288 70
Total long-term liabilities 14,508 18,358
Total liabilities 24,874 23,205
Commitments (Note 16)
Convertible preferred stock (Note 12)   319,113
Stockholders' equity (deficit):    
Preferred stock, value 0 0
Common stock, $0.0001 par value, 100,000,000 and 20,800,000 shares authorized; 18,215,181 and 85,440 shares outstanding at December 31, 2016 and December 31, 2015, respectively 2 1
Additional paid-in capital 389,374  
Accumulated other comprehensive income 56 28
Accumulated deficit (305,293) (259,675)
Total stockholders' equity (deficit) 84,139 (252,415)
Total liabilities, convertible preferred stock and stockholders' equity (deficit) $ 109,013 89,903
Series A Convertible Preferred Stock [Member]    
Stockholders' equity (deficit):    
Preferred stock, value   7,231
Total stockholders' equity (deficit)   $ 7,231