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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 31,459 $ 48,460
Short-term investments 62,621 62,326
Accounts receivable 59 16
Unbilled revenue receivable 6 19
Prepaid expenses and other assets 2,684 1,955
Total current assets 96,829 112,776
Property and equipment, net 4,269 2,099
Right-of-use asset 8,768 356
Other noncurrent assets 1,414 32
Total assets 111,280 115,263
Current liabilities:    
Current portion of long-term debt 0 4,965
Accounts payable 2,006 1,814
Accrued expenses and other current liabilities 2,124 2,435
Deferred revenue, current 8,479 21,873
Total current liabilities 12,609 31,087
Long-term debt, net 16,500 0
Common stock warrant liability, noncurrent 0 414
Deferred revenue, noncurrent 0 2,956
Lease liability, noncurrent 8,087 59
Other noncurrent liabilities 656 0
Total liabilities 37,852 34,516
Stockholders’ equity:    
Common stock, $0.0001 par value per share; 200,000,000 shares authorized, 87,228,586 issued and outstanding, September 30, 2020; 86,069,263 issued and outstanding, December 31, 2019 9 9
Additional paid-in capital 166,499 162,062
Accumulated other comprehensive income (loss) 200 (27)
Accumulated deficit (93,280) (81,297)
Total stockholders' equity 73,428 80,747
Total liabilities and stockholders’ equity $ 111,280 $ 115,263