Consolidated Balance Sheets - USD ($)
$ in Thousands |
Dec. 31, 2016 |
Dec. 31, 2015 |
| Current assets |
|
|
| Cash and cash equivalents |
$ 201,153
|
$ 182,069
|
| Prepaid expenses and other current assets |
4,152
|
2,542
|
| Total current assets |
205,305
|
184,611
|
| Other assets |
|
327
|
| Property and equipment, net |
265
|
389
|
| Total assets |
205,570
|
185,327
|
| Current liabilities |
|
|
| Accounts payable |
1,357
|
1,671
|
| Accrued liabilities |
12,899
|
7,156
|
| Income taxes payable |
247
|
|
| Upfront payment from collaboration partner (Note 6) |
40,000
|
|
| Total liabilities |
54,503
|
8,827
|
| Commitments and contingencies (Note 8) |
|
|
| Stockholders' equity |
|
|
| Preferred stock, $0.0001 par value, 5,000,000 shares authorized at December 31, 2016 and December 31, 2015; zero shares issued and outstanding at December 31, 2016 and December 31, 2015 |
|
|
| Common stock, $0.0001 par value, 50,000,000 shares authorized at December 31, 2016 and December 31, 2015; 34,843,885 and 29,420,247 shares issued and outstanding at December 31, 2016 and December 31, 2015, respectively |
3
|
3
|
| Additional paid-in capital |
440,667
|
369,933
|
| Accumulated other comprehensive loss |
(350)
|
|
| Accumulated deficit |
(289,253)
|
(193,436)
|
| Total stockholders' equity |
151,067
|
176,500
|
| Total liabilities and stockholders’ equity |
$ 205,570
|
$ 185,327
|