Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.23.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 108,910 $ 77,829
Restricted cash – current 396 392
Security deposit 50
Prepaid expenses and other current assets 1,636 1,478
Total Current Assets 110,942 79,749
Property and equipment, net of accumulated depreciation of $487 and $335 604 340
Restricted cash – long term 302
Operating lease right-of-use assets 2,341 241
Finance leases right-of-use assets 3 58
Total Assets 114,192 80,388
Current Liabilities:    
Accounts payable and accrued expenses 10,130 5,535
Other revenue deferred – current liability 998
Operating leases current liability 494 245
Finance leases current liability 4 62
Total Current Liabilities 10,628 6,840
Long-term license revenue deferred 35,000
Long-term operating lease obligations 2,083
Long-term finance lease obligations 3
Total Liabilities 47,711 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; 25,674,823 and 22,143,974 shares issued and outstanding 26 22
Additional paid-in capital 355,220 329,271
Accumulated deficit (288,765) (255,748)
Total Stockholders’ Equity 66,481 73,545
Total Liabilities and Stockholders’ Equity $ 114,192 $ 80,388