Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.19.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 44,551 $ 8,485
Short-term investments 40,000 30,731
Prepaid expenses and other current assets 8,390 4,957
Current portion of restricted cash 30  
Total current assets 92,971 44,173
Property and equipment, net 700 747
Restricted cash, less current portion 90  
Other assets 4,110 1,837
Total assets 97,871 46,757
Current liabilities:    
Accounts payable 4,041 3,152
Accrued expenses 7,046 3,974
Current portion of long-term debt 1,019  
Income taxes payable 113  
Total current liabilities 12,219 7,126
Long-term debt, less current portion 13,079  
Other liabilities 951 80
Total liabilities 26,249 7,206
Commitments and contingencies (Note 11)
Shareholders’ equity:    
Ordinary shares, $0.01 par value per share: 50,000,000 shares authorized, 14,352,046 shares issued at December 31, 2018; 7,956,715 shares authorized, 413,110 shares issued at December 31, 2017 144 4
Additional paid-in capital 203,271 94,227
Accumulated deficit (131,793) (54,737)
Total shareholders' equity 71,622 39,494
Total liabilities, convertible preferred shares and shareholders’ equity $ 97,871 46,757
Series A Convertible Preferred Shares    
Current liabilities:    
Convertible preferred shares   30
Series B Convertible Preferred Shares    
Current liabilities:    
Convertible preferred shares   $ 27