Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 84,901 $ 8,485
Short-term investments 50,370 30,731
Prepaid expenses and other current assets 6,442 4,957
Total current assets 141,713 44,173
Property and equipment, net 735 747
Restricted cash 120  
Other assets 2,902 1,837
Total assets 145,470 46,757
Current liabilities:    
Accounts payable 8,169 3,152
Accrued expenses 4,121 3,974
Total current liabilities 12,290 7,126
Long-term debt 14,505  
Other liabilities 145 80
Total liabilities 26,940 7,206
Commitments and contingencies (Note 11)
Shareholders’ equity:    
Ordinary shares, $0.01 par value per share: 44,557,606 shares authorized, 14,159,423 shares issued at June 30,2018; 7,956,715 shares authorized 413,110 shares issued at December 31, 2017 142 4
Additional paid-in capital 201,018 94,227
Accumulated deficit (82,630) (54,737)
Total shareholders' equity 118,530 39,494
Total liabilities, convertible preferred shares and shareholders’ equity $ 145,470 46,757
Series A Convertible Preferred Shares    
Current liabilities:    
Convertible preferred shares   30
Series B Convertible Preferred Shares    
Current liabilities:    
Convertible preferred shares   $ 27