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CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 39,093 $ 76,322 [1]
Short-term investments 68,387 52,215 [1]
Accounts receivable, net 11,552 4,077 [1]
Inventories 1,181 894 [1]
Prepaid and other current assets 5,789 3,479 [1]
Total current assets 126,002 136,987 [1]
Property and equipment, net 1,718 1,387 [1]
Operating lease right-of-use asset 27,646  
Other assets 695 735 [1]
Total assets 156,061 139,109 [1]
Current liabilities:    
Accounts payable 2,661 6,391 [1]
Accrued compensation 7,066 9,952 [1]
Accrued research and development 5,631 6,763 [1]
Other accrued liabilities 6,806 3,598 [1]
Lease liabilities, current portion 7,255  
Deferred revenue, current portion 1,587 1,030 [1]
Total current liabilities 31,006 27,734 [1]
Long-term portion of deferred revenue 25,176 1,408 [1]
Long-term portion of deferred rent [1]   90
Long-term portion of lease liabilities 21,179  
Loans payable, net of discount 9,789  
Commitments [1]
Stockholders' equity:    
Preferred stock [1]
Common stock 168 167 [1]
Additional paid-in capital 1,327,735 1,319,068 [1]
Accumulated other comprehensive income (loss) 36 (24) [1]
Accumulated deficit (1,259,028) (1,209,334) [1]
Total stockholders' equity 68,911 109,877 [1]
Total liabilities and stockholders' equity $ 156,061 $ 139,109 [1]
[1] The balance sheet at December 31, 2018 has been derived from the audited financial statements included in Rigel’s Annual Report on Form 10-K for the year ended December 31, 2018.

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