Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 39,598 $ 8,485
Short-term investments 68,509 30,731
Prepaid expenses and other current assets 4,680 4,957
Restricted cash 30  
Total current assets 112,817 44,173
Property and equipment, net 716 747
Restricted cash 90  
Other assets 3,242 1,837
Total assets 116,865 46,757
Current liabilities:    
Accounts payable 2,708 3,152
Accrued expenses 5,323 3,974
Total current liabilities 8,031 7,126
Long-term debt 14,541  
Other liabilities 195 80
Total liabilities 22,767 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 September 30, 2018; 7,956,715 shares authorized 413,110 shares issued at December 31, 2017 142 4
Additional paid-in capital 201,492 94,227
Accumulated deficit (107,536) (54,737)
Total shareholders' equity 94,098 39,494
Total liabilities, convertible preferred shares and shareholders’ equity $ 116,865 46,757
Series A Convertible Preferred Shares    
Current liabilities:    
Convertible preferred shares   30
Series B Convertible Preferred Shares    
Current liabilities:    
Convertible preferred shares   $ 27