Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets (Unaudited)

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Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 19,390 $ 125,298
Marketable securities—current 133,774 79,194
Accounts receivable, net (including amounts from related parties of $907 and $959 as of June 30, 2019 and December 31, 2018, respectively) 6,500 2,489
Prepaid expenses and other current assets 2,559 2,965
Total current assets 162,223 209,946
Property and equipment, net 9,273 10,934
Marketable securities, non—current 15,062  
Other long-term assets 2,239 2,244
Restricted cash 15 15
Total assets 188,812 223,139
Current liabilities:    
Accounts payable 4,516 3,061
Accrued compensation 3,565 6,217
Deferred revenue—current 21,380 21,574
Debt—current 5,806 4,724
Other current liabilities 832 847
Total current liabilities 36,099 36,423
Deferred revenue, non—current 25,577 44,599
Deferred rent 456 476
Debt—non-current 7,000 10,000
Other noncurrent liabilities 125 102
Total liabilities 69,257 91,600
Stockholders’ equity:    
Common stock, $0.001 par value — 300,000,000 shares authorized as of June 30, 2019 and December 31, 2018; 22,927,203 and 22,848,184 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively 23 23
Additional paid-in-capital 287,363 281,891
Accumulated other comprehensive gain (loss) 213 (47)
Accumulated deficit (168,044) (150,328)
Total stockholders’ equity 119,555 131,539
Total liabilities and stockholders’ equity $ 188,812 $ 223,139