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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 71,064 $ 98,426
Short-term investments 185,480 77,277
Prepaid expenses and other current assets 2,321 1,141
Amounts owed by a related party 83 25
Total current assets 258,948 176,869
Long-term investments 3,181  
Property and equipment, net 11,107 11,230
Equity investment in related party 1,202 682
Restricted cash 203 203
Other long-term assets 284 1,502
Total assets 274,925 190,486
Current liabilities:    
Accounts payable 3,102 3,820
Accrued liabilities 6,023 3,137
Deferred revenue, current 6,250 5,000
Other current liabilities 1,560 769
Total current liabilities 16,935 12,726
Deferred revenue, noncurrent 16,984 18,587
Deferred rent 4,272 4,740
Other long-term liabilities 1,792 565
Total liabilities 39,983 36,618
Commitments (Note 12)
Convertible preferred stock, $0.0001 par value, no shares and 120,958,867 shares authorized as of December 31, 2018 and 2017, respectively; no shares and 30,459,574 shares issued and outstanding as of December 31, 2018 and 2017, respectively 0 226,196
Stockholders’ equity (deficit):    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized as of December 31, 2018; no shares issued and outstanding 0
Common stock, $0.0001 par value, 400,000,000 and 153,993,227 shares authorized as of December 31, 2018 and 2017, respectively; 44,537,946 and 4,090,898 shares issued and outstanding as of December 31, 2018 and 2017, respectively 4  
Additional paid-in capital 357,873 948
Accumulated deficit (122,828) (73,234)
Accumulated other comprehensive loss (107) (42)
Total stockholders’ equity (deficit) 234,942 (72,328)
Total liabilities, convertible preferred stock and stockholders’ equity $ 274,925 $ 190,486