Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.19.1
Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 125,298 $ 22,020
Marketable securities 79,194  
Accounts receivable, net (including amounts from related parties of $959 and $784 as of December 31, 2018 and 2017, respectively) 2,489 1,624
Prepaid expenses and other current assets 2,965 1,985
Total current assets 209,946 25,629
Property and equipment, net 10,934 13,997
Other non-current assets 2,244 1,128
Restricted cash 15 15
Total assets 223,139 40,769
Current liabilities:    
Accounts payable 3,061 2,902
Accrued compensation 6,217 3,639
Deferred revenue—current 21,574 10,709
Debt—current 4,724 14,563
Other current liabilities 847 143
Total current liabilities 36,423 31,956
Deferred revenue, non-current 44,599 13,159
Deferred rent 476 428
Redeemable convertible preferred stock warrant liability 0 1,708
Debt—non-current 10,000  
Other noncurrent liabilities 102 14
Total liabilities 91,600 47,265
Commitments and Contingencies
Redeemable convertible preferred stock, $0.001 par value — zero and 177,082,393 shares authorized as of December 31, 2018 and 2017, respectively; zero and 173,750,421 shares issued and outstanding as of December 31, 2018 and 2017, respectively; no aggregate liquidation preference as of December 31, 2018   102,505
Stockholders’ equity (deficit):    
Common stock, $0.001 par value — 300,000,000 and 271,000,000 shares authorized as of December 31, 2018 and 2017, respectively; 22,848,184 and 465,330 shares issued and outstanding as of December 31, 2018 and 2017, respectively 23  
Preferred stock, $0.001 par value — 10,000,000 and no shares authorized as of December 31, 2018 and 2017, respectively; no shares issued and outstanding as of December 31, 2018 and 2017, respectively
Note receivable from stockholder   (208)
Additional paid-in-capital 281,891 6,218
Accumulated other comprehensive loss (47)  
Accumulated deficit (150,328) (115,011)
Total stockholders’ equity (deficit) 131,539 (109,001)
Total liabilities, redeemable convertible preferred stock, and stockholders’ equity (deficit) $ 223,139 40,769
Redeemable Convertible Preferred Stock    
Current liabilities:    
Redeemable convertible preferred stock, $0.001 par value — zero and 177,082,393 shares authorized as of December 31, 2018 and 2017, respectively; zero and 173,750,421 shares issued and outstanding as of December 31, 2018 and 2017, respectively; no aggregate liquidation preference as of December 31, 2018   $ 102,505