Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 68,181 $ 1,716
Accounts receivable 38 0
Prepaid expenses and other current assets 1,363 127
Total current assets 69,582 1,843
Property and equipment, net 963 334
In-process research and development 27,300 0
Goodwill 3,314 0
Intangible assets 1,321 921
Other assets 57 0
Total assets 102,537 3,098
Current liabilities:    
Accounts payable 3,823 934
Accrued liabilities 1,500 1,210
Current portion of long-term debt 2,348 2,400
Current portion of capital lease obligations 51 36
Related party debt (Note 5) 0 7,315
Deferred revenue 3,585 1,870
Total current liabilities 11,307 13,765
Capital lease obligations, net of current portion 60 53
Warrant liabilities 1,392 49
Deferred rent 145 0
Long-term debt, net of current portion 1,734 3,165
Total liabilities 14,638 17,032
Commitments and contingencies (Note 9)
Redeemable convertible preferred stock 0 25,871
Stockholders’ deficit:    
Common stock, $0.001 par value, shares authorized: 150,000,000 shares; issued and outstanding: 26,884,192 shares at September 30, 2017 and 303,303 shares at December 31, 2016 27 0
Additional paid-in capital 145,428 568
Accumulated other comprehensive loss 0 0
Accumulated deficit (57,556) (40,373)
Total stockholders’ equity (deficit) 87,899 (39,805)
Total liabilities and stockholders’ equity (deficit) $ 102,537 $ 3,098