Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

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CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 36,567 $ 22,521
Short-term investments 36,245 75,557
Accounts receivable, net 14,631 10,111
Inventories 2,050 1,354
Prepaid and other current assets 10,355 9,462
Total current assets 99,848 119,005
Property and equipment, net 2,517 2,159
Operating lease right-of-use asset 19,873 25,709
Other assets 820 696
Total assets 123,058 147,569
Current liabilities:    
Accounts payable 2,283 4,152
Accrued compensation 8,173 8,819
Accrued research and development 3,296 5,960
Other accrued liabilities 9,037 6,721
Lease liabilities, current portion 8,334 7,272
Deferred revenue, current portion 3,069 25,288
Total current liabilities 34,192 58,212
Long-term portion of deferred revenue 146 1,404
Long-term portion of lease liabilities 12,929 19,230
Loans payable, net of discount 19,836 9,810
Other long-term liabilities 5,000 5,098
Commitments
Stockholders' equity:    
Preferred stock
Common stock 169 168
Additional paid-in capital 1,337,519 1,329,852
Accumulated other comprehensive income 2 23
Accumulated deficit (1,286,735) (1,276,228)
Total stockholders' equity 50,955 53,815
Total liabilities and stockholders' equity $ 123,058 $ 147,569