XML 12 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 51,353,000 $ 53,349,000
Marketable securities 74,570,000 0
Prepaid expenses 2,398,000 792,000
Deferred offering costs   929,000
Other current assets 51,000 84,000
Total current assets 128,372,000 55,154,000
Restricted cash 84,000 0
Property and equipment, net 324,000 39,000
Total assets 128,780,000 55,193,000
Current liabilities:    
Accounts payable (including related party amounts of $37 and $32 as of June 30, 2018 and December 31, 2017, respectively) 4,523,000 1,515,000
Accrued liabilities 6,568,000 3,987,000
Funding advance 500,000  
Total current liabilities 11,591,000 5,502,000
Other liabilities 25,000  
Total liabilities 11,616,000 5,502,000
Commitments and contingencies (see Note 10)
Stockholders’ equity (deficit):    
Preferred stock, $0.0001 par value, 10,000,000 and no shares authorized as of June 30, 2018 and December 31, 2017, respectively; no shares issued and outstanding as of June 30, 2018 and December 31, 2017
Common stock, $0.0001 par value, 150,000,000 and 30,000,000 shares authorized as of June 30, 2018 and December 31, 2017, respectively; 28,048,315 and 5,659,089 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively; 28,046,315 and 4,562,640 shares vested as of June 30, 2018 and December 31, 2017, respectively 3,000 1,000
Additional paid-in capital 174,420,000 1,849,000
Accumulated deficit (57,229,000) (33,779,000)
Accumulated other comprehensive loss (30,000)  
Total stockholders’ equity (deficit) 117,164,000 (31,929,000)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit) $ 128,780,000 55,193,000
Series A Redeemable Convertible Preferred Stock    
Redeemable convertible preferred stock:    
Redeemable convertible preferred stock   41,674,000
Series B Redeemable Convertible Preferred Stock    
Redeemable convertible preferred stock:    
Redeemable convertible preferred stock   $ 39,946,000