Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 109,521 $ 37,878
Short term investments 50,061 34,751
Accounts receivable 3,309 15,546
Prepaid expenses and other current assets 3,190 1,615
Total current assets 166,081 89,790
Property and equipment, net 4,445 4,034
Long term investments 2,583 9,922
Other non-current assets 130 130
Total assets 173,239 103,876
Current liabilities:    
Accounts payable 1,934 2,452
Accrued expenses and other current liabilities 6,578 6,170
Deferred revenues, current portion 46,251 37,153
Total current liabilities 54,763 45,775
Deferred revenue, net of current portion 67,746 46,542
Other long-term liabilities 37 37
Total liabilities 122,546 92,354
Stockholders’ equity:    
Preferred stock, $0.001 par value per share, 10,000,000 shares authorized and 2,907 and 4,963 issued and outstanding at March 31, 2018 and December 31, 2017 0 0
Common stock, $0.001 par value per share, 300,000,000 shares authorized and 53,974,184 and 45,017,062 issued and outstanding at March 31, 2018 and December 31, 2017 54 45
Additional paid-in capital 185,638 136,484
Accumulated other comprehensive loss (5,973) (4,695)
Accumulated deficit (129,026) (120,312)
Total stockholders’ equity 50,693 11,522
Total liabilities and stockholders’ equity $ 173,239 $ 103,876