Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.22.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 116,330 $ 77,829
Restricted cash 392 392
Security deposit 50 50
Prepaid expenses and other current assets 1,525 1,478
Total Current Assets 118,297 79,749
Property and equipment, net of accumulated depreciation of $395 and $335 557 340
Security deposit – long term 299
Operating leases right-of-use assets 2,629 241
Finance leases right-of-use assets 18 58
Total Assets 121,800 80,388
Current Liabilities:    
Accounts payable and accrued expenses 5,767 5,535
Other revenue deferred– current liability 204 998
Operating leases current liability 292 245
Finance leases current liability 19 62
Total Current Liabilities 6,282 6,840
Long-term license revenue deferred 35,000
Long-term operating leases obligations 2,335
Long-term finance leases obligations 2 3
Total Liabilities 43,619 6,843
Commitments and contingencies
Stockholders’ Equity:    
Preferred stock, $0.001 par value; 50,000,000 shares authorized, 0 shares issued and outstanding
Common stock, $0.001 par value; 1,000,000,000 shares authorized; 24,870,623 and 22,143,974 shares issued and outstanding, respectively 25 22
Additional paid-in capital 346,800 329,271
Accumulated deficit (268,644) (255,748)
Total Stockholders’ Equity 78,181 73,545
Total Liabilities and Stockholders’ Equity $ 121,800 $ 80,388