Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 37,878 $ 29,356
Short term investments 34,751 0
Accounts receivable 15,546 57
Prepaid expenses and other current assets 1,615 3,260
Total current assets 89,790 32,673
Property and equipment, net 4,034 2,264
Long term investments 9,922 0
Other non-current assets 130 126
Total assets 103,876 35,063
Current liabilities:    
Accounts payable 2,452 2,386
Accrued expenses and other current liabilities 6,170 3,719
Deferred revenues, current portion 37,153 2,275
Total current liabilities 45,775 8,380
Deferred revenue, net of current portion 46,542 1,409
Other long-term liabilities 37 47
Total liabilities 92,354 9,836
Stockholders’ equity:    
Preferred stock, $0.001 par value per share, 10,000,000 shares authorized and 4,963 and 4,963 issued and outstanding at December 31, 2017 and December 31, 2016 0 0
Common stock, $0.001 par value per share, 300,000,000 shares authorized and 45,017,062 and 43,058,827 issued and outstanding at December 31, 2017 and December 31, 2016 45 43
Additional paid-in capital 136,484 129,350
Accumulated other comprehensive loss (4,695) (1,501)
Accumulated deficit (120,312) (102,665)
Total stockholders’ equity 11,522 25,227
Total liabilities and stockholders’ equity $ 103,876 $ 35,063