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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 31,795 $ 23,596
Available-for-sale securities   14,931
Prepaid expenses and other current assets 1,020 1,001
Total current assets 32,815 39,528
Property and equipment, net 494 568
Restricted cash 113 113
Total assets 33,422 40,209
Current liabilities:    
Accounts payable 942 1,405
Accrued expenses 3,294 3,677
Current portion of notes payable, net of discount 3,260 3,243
Total current liabilities 7,496 8,325
Deferred rent, net of current portion 26 53
Notes payable, net of current portion and discount 1,657 2,479
Other liability 288 266
Total liabilities 9,467 11,123
Commitments (Note 7)
Stockholders' equity:    
Preferred stock, $0.001 par value per share, 5,000,000 shares authorized and no shares issued and outstanding
Common stock, $0.001 par value per share, 150,000,000 shares authorized; 19,997,197 and 18,817,572 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 20 19
Additional paid-in capital 175,881 173,141
Accumulated other comprehensive loss   (4)
Accumulated deficit (151,946) (144,070)
Total stockholders' equity 23,955 29,086
Total liabilities and stockholders' equity $ 33,422 $ 40,209