Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 50,576 $ 37,878
Short term investments 100,399 34,751
Accounts receivable 2,559 15,546
Prepaid expenses and other current assets 3,065 1,615
Total current assets 156,599 89,790
Property and equipment, net 4,597 4,034
Long term investments 700 9,922
Other non-current assets 129 130
Total assets 162,025 103,876
Current liabilities:    
Accounts payable 3,174 2,452
Accrued expenses and other current liabilities 4,562 6,170
Deferred revenues, current portion 44,598 37,153
Total current liabilities 52,334 45,775
Deferred revenue, net of current portion 54,336 46,542
Other long-term liabilities 37 37
Total liabilities 106,707 92,354
Stockholders’ equity:    
Preferred stock, $0.001 par value per share, 10,000,000 shares authorized and 2,907 and 4,963 issued and outstanding at June 30, 2018 and December 31, 2017 0 0
Common stock, $0.001 par value per share, 300,000,000 shares authorized and 54,008,056 and 45,017,062 issued and outstanding at June 30, 2018 and December 31, 2017 54 45
Additional paid-in capital 187,067 136,484
Accumulated other comprehensive loss (2,574) (4,695)
Accumulated deficit (129,229) (120,312)
Total stockholders’ equity 55,318 11,522
Total liabilities and stockholders’ equity $ 162,025 $ 103,876