Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

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CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 36,469 $ 22,521
Short-term investments 56,028 75,557
Accounts receivable, net 11,727 10,111
Inventories 1,684 1,354
Prepaid and other current assets 7,182 9,462
Total current assets 113,090 119,005
Property and equipment, net 2,381 2,159
Operating lease right-of-use asset 21,911 25,709
Other assets 653 696
Total assets 138,035 147,569
Current liabilities:    
Accounts payable 3,414 4,152
Accrued compensation 7,293 8,819
Accrued research and development 5,147 5,960
Other accrued liabilities 7,637 6,721
Lease liabilities, current portion 8,054 7,272
Deferred revenue, current portion 3,215 25,288
Total current liabilities 34,760 58,212
Long-term portion of deferred revenue   1,404
Long-term portion of lease liabilities 15,249 19,230
Loans payable, net of discount 19,816 9,810
Other long-term liabilities 5,000 5,098
Commitments
Stockholders' equity:    
Preferred stock
Common stock 169 168
Additional paid-in capital 1,335,556 1,329,852
Accumulated other comprehensive income 46 23
Accumulated deficit (1,272,561) (1,276,228)
Total stockholders' equity 63,210 53,815
Total liabilities and stockholders' equity $ 138,035 $ 147,569