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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 89,893 $ 37,403
Restricted cash 279 0
Accounts receivable 5,000 0
Prepaid expenses and other current assets 1,495 4,673
Total current assets 96,667 42,076
Property and equipment, net 1,222 2,127
Right-of-use asset, net 301  
Long-term restricted cash 1,379 279
Total assets 99,569 44,482
Current liabilities:    
Accounts payable 500 1,100
Accrued expenses 13,492 11,700
Loan payable 18,905 21,385
Lease liability 372  
Deferred revenue 1,674 959
Total current liabilities 34,943 35,144
Non‑current liabilities:    
Deferred revenue 14,680 13,818
Warrant liabilities 41,549 0
Other long‑term liabilities 0 938
Total liabilities 91,172 49,900
Commitments and contingencies (Note 17)
Stockholders’ equity (deficit):    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively 0 0
Common stock, $0.0001 par value; 200,000,000 shares authorized; 86,325,547 and 22,471,776 shares issued and outstanding as of December 31, 2019 and December 31, 2018, respectively 9 3
Additional paid-in capital 348,664 279,539
Accumulated deficit (335,753) (280,403)
Accumulated other comprehensive loss (4,523) (4,557)
Total stockholders’ equity (deficit) 8,397 (5,418)
Total liabilities and stockholders’ equity (deficit) $ 99,569 $ 44,482