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, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 48,737 $ 38,184
Prepaid expenses and other 1,577 852
Total current assets 50,314 39,036
Property and equipment, net 316 328
Restricted cash 133 133
Intangible asset 120 0
Deposits, long term 45 45
Total assets 50,928 39,542
Current liabilities:    
Accounts payable 2,770 1,487
Accrued expenses 1,849 1,895
Total current liabilities 4,619 3,382
Deferred rent payable, long term 65 68
Total liabilities 4,684 3,450
Commitments (Note 7) 0 0
Stockholders' equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized, none issued or outstanding 0 0
Common stock, $0.001 par value; 150,000,000 shares authorized; 16,137,898 and 10,805,220 shares issued and outstanding as of June 30, 2015 and December 31, 2014, respectively, and 18,021 and 13,978 shares to be issued as of June 30, 2015 and December 31, 2014, respectively 16 11
Additional paid in capital 122,010 90,423
Accumulated deficit (75,788) (54,344)
Accumulated other comprehensive income 6 2
Total stockholders' equity 46,244 36,092
Total liabilities and stockholders' equity $ 50,928 $ 39,542