Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 70,436 $ 62,260
Short term investments 0 41,894
Accounts receivable 1,706 6,787
Prepaid expenses and other current assets 3,579 4,072
Total current assets 75,721 115,013
Property and equipment, net 22,046 19,502
Operating lease right-of-use assets 3,934 3,436
Other non-current assets 3,309 3,146
Total assets 105,010 141,097
Current liabilities:    
Accounts payable 1,787 5,803
Accrued expenses and other current liabilities 7,731 9,944
Deferred revenues, current portion 12,627 11,256
Total current liabilities 22,145 27,003
Deferred revenue, net of current portion 35,900 47,258
Operating lease liabilities 15,932 15,484
Other long-term liabilities 6 0
Total liabilities 73,983 89,745
Stockholders’ equity:    
Preferred stock, $0.001 par value per share, 10,000,000 shares authorized and 14,429 and 11,429 shares issued and outstanding at December 31, 2020 and 2019, respectively 0 0
Common stock, $0.001 par value per share, 300,000,000 shares authorized and 56,002,815 and 55,212,437 issued and outstanding at December 31, 2020 and 2019, respectively 56 55
Additional paid-in capital 242,672 227,468
Accumulated other comprehensive loss (295) (1,995)
Accumulated deficit (211,406) (174,176)
Total stockholders’ equity 31,027 51,352
Total liabilities and stockholders’ equity $ 105,010 $ 141,097