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CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 8,484 $ 36,079
Prepaid expenses and other current assets 350 232
Total current assets 8,834 36,311
Property and equipment, net 314 407
Restricted cash 119 94
Other assets 0 13
Total assets 9,267 36,825
Current liabilities:    
Accounts payable 1,855 1,246
Accrued expenses 1,153 1,794
Notes payable, current portion 0 4,134
Deferred revenue 0 406
Total current liabilities 3,008 7,580
Other liabilities 73 423
Notes payable, net of current portion 0 9,763
Warrant liability 13 115
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value per share; 5,000,000 shares authorized at June 30, 2016 and December 31, 2015 and no shares issued and outstanding at June 30, 2016 and December 31, 2015 0 0
Common stock, $0.001 par value per share; 200,000,000 shares authorized at June 30, 2016 and December 31, 2015 and 20,005,771 and 19,619,124 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 20 20
Additional paid-in capital 145,420 144,126
Accumulated deficit (139,267) (125,202)
Total stockholders’ equity 6,173 18,944
Total liabilities and stockholders’ equity $ 9,267 $ 36,825