Quarterly report pursuant to Section 13 or 15(d)

BALANCE SHEETS

v3.7.0.1
BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 32,591 $ 17,632
Short-term investments 49,711 57,134
Prepaid and other current assets 1,490 1,448
Total current assets 83,792 76,214
Property and equipment, net 982 1,156
Other assets 704 764
Total assets 85,478 78,134
Current liabilities:    
Accounts payable 2,066 5,563
Accrued compensation 3,659 4,085
Accrued research and development 5,171 5,881
Other accrued liabilities 996 1,033
Deferred liability - sublease, current portion 2,196 3,222
Deferred rent, current portion 1,785 2,804
Total current liabilities 15,873 22,588
Long-term portion of deferred liability - sublease   238
Long-term portion of deferred rent   279
Other long-term liabilities   2
Commitments
Stockholders' equity:    
Preferred stock
Common stock 124 100
Additional paid-in capital 1,164,823 1,115,807
Accumulated other comprehensive loss (19) (18)
Accumulated deficit (1,095,323) (1,060,862)
Total stockholders' equity 69,605 55,027
Total liabilities and stockholders' equity $ 85,478 $ 78,134