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BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 8,702 $ 7,401
Marketable securities 3,050 13,762
Other current assets 547 282
Total current assets 12,299 21,445
Marketable securities   2,352
Property and equipment, net 42 66
Other assets 24 766
Total assets 12,365 24,629
Current liabilities:    
Accounts payable 622 1,205
Accrued compensation and employee benefits 757 719
Accrued expenses and other liabilities 691 472
Total current liabilities 2,070 2,396
Deferred rent, net of current portion 20 39
Total liabilities 2,090 2,435
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value; 5 million shares authorized; no shares issued or outstanding at December 31, 2017 and 2016
Common stock, $0.001 par value; 100 million shares authorized at December 31, 2017 and 2016; 11,775,062 and 9,082,366 shares issued and outstanding at December 31, 2017 and 2016, respectively 12 9
Additional paid-in capital 141,266 134,715
Accumulated other comprehensive loss (2) (19)
Accumulated deficit (131,001) (112,511)
Total stockholders’ equity 10,275 22,194
Total liabilities and stockholders’ equity $ 12,365 $ 24,629