v3.10.0.1

Condensed Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 4,486	$ 6,233
Short-term investments available-for-sale	10,173	9,630
Accounts receivable	2,186	7,130
Inventories	1,891	1,579
Other current assets	317	467
Total current assets	19,053	25,039
Property and equipment, net	2,338	2,561
Total assets	21,391	27,600
Current liabilities:
Accounts payable, accrued expenses and other current liabilities	3,816	4,920
Deferred rent	350	335
Leasehold incentive obligation	219	219
Total current liabilities	4,385	5,474
Deferred rent	1,924	2,229
Leasehold incentive obligation	1,024	1,134
Stockholders’ equity:
Preferred stock, $.001 par value; 7,500,000 shares authorized; no shares issued or outstanding at June 30, 2018 (unaudited) and December 31, 2017	0	0
Common stock, $.001 par value; 120,000,000 shares authorized at June 30, 2018 (unaudited) and December 31, 2017; 48,338,277 and 47,786,793 shares issued and outstanding at June 30, 2018 (unaudited) and December 31, 2017, respectively.	48	48
Additional paid-in capital	299,557	298,242
Accumulated other comprehensive loss	(7)	(5)
Accumulated deficit	(285,540)	(279,522)
Total stockholders’ equity	14,058	18,763
Total liabilities and stockholders’ equity	$ 21,391	$ 27,600

This item represents an incentive or inducement contractually stipulated between parties to a lease whereby the lessor has committed to provide the entity (lessee) with an allowance for tenant improvements as an inducement to enter the lease. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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SENOMYX INC 10-Q