Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.8.0.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 50,703 $ 56,664
Trade accounts receivable 0 0
Due from related parties 47 167
Prepaid expenses and other current assets 2,080 626
Total current assets 52,830 57,457
Property and equipment, net 18,767 14,353
Other long-term assets 270 357
Total assets 71,867 72,167
Current liabilities:    
Due to related parties 742 1,350
Accounts payable 441 1,023
Accrued salaries, wages, and other compensation 490 945
Accrued liabilities 1,256 893
Current deferred revenue 43 43
Total current liabilities 2,972 4,254
Non-current deferred revenue 278 289
Finance lease obligations 14,757 10,148
Total liabilities 18,007 14,691
Stockholder's equity:    
Common stock, $0.0001 par value; 275,000,000 shares authorized, 27,954,781 and 27,718,780 shares issued and outstanding as of March 31, 2018 and December 31,2017, respectively 3 3
Preferred stock, $0.0001 par value; 50,000,000 shares authorized, no shares issued or outstanding as of March 31, 2018 and December 31, 2017 respectively
Additional paid-in capital 112,775 112,021
Accumulated deficit (58,918) (54,548)
Total stockholders' equity 53,860 57,476
Total liabilities and stockholders' equity $ 71,867 $ 72,167