Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 74,867 $ 37,878
Short term investments 53,240 34,751
Accounts receivable 2,701 15,546
Prepaid expenses and other current assets 4,574 1,615
Total current assets 135,382 89,790
Property and equipment, net 5,049 4,034
Long term investments 0 9,922
Other non-current assets 910 130
Total assets 141,341 103,876
Current liabilities:    
Accounts payable 3,350 2,452
Accrued expenses and other current liabilities 9,114 6,170
Deferred revenues, current portion 35,612 37,153
Total current liabilities 48,076 45,775
Deferred revenue, net of current portion 53,303 46,542
Other long-term liabilities 27 37
Total liabilities 101,406 92,354
Stockholders’ equity:    
Preferred stock, $0.001 par value per share, 10,000 shares authorized and 2,907 and 4,963 issued and outstanding at December 31, 2018 and 2017, respectively 0 0
Common stock, $0.001 par value per share, 300,000,000 shares authorized and 54,151,219 and 45,017,062 issued and outstanding at December 31, 2018 and 2017, respectively 54 45
Additional paid-in capital 189,929 136,484
Accumulated other comprehensive loss (2,982) (4,695)
Accumulated deficit (147,066) (120,312)
Total stockholders’ equity 39,935 11,522
Total liabilities and stockholders’ equity $ 141,341 $ 103,876