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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 43,446 $ 43,836
Marketable securities 120,591 150,586
Accounts and other receivables 496 1,802
Prepaid and other current assets 3,073 1,619
Total current assets 167,606 197,843
Property and equipment, net 3,496 3,815
Operating lease right-of-use assets, net 2,718 3,449
Intangible assets, net 30,690 30,690
Other assets 41 41
Total assets 204,551 235,838
Current liabilities:    
Accounts payable 685 1,048
Accrued expenses 7,851 8,459
Current portion of operating lease liabilities 1,331 1,327
Current portion of other long-term liabilities 4,621 3,372
Total current liabilities 14,488 14,206
Long-term portion of operating lease liabilities 1,446 2,154
Other long-term liabilities 6,335 10,121
Total liabilities 22,269 26,481
Commitments and contingent liabilities
Stockholders' equity:    
Convertible preferred stock, $.01 par value; 3,000,000 shares authorized; no shares issued and outstanding at June 30, 2021 and December 31, 2020
Common stock, $.001 par value; 297,000,000 shares authorized; 39,616,696 and 39,603,771 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 40 40
Additional paid-in capital 1,282,657 1,279,824
Accumulated other comprehensive income 2,592 2,589
Accumulated deficit (1,103,007) (1,073,096)
Total stockholders' equity 182,282 209,357
Total liabilities and stockholders' equity $ 204,551 $ 235,838