Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

v3.21.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 72,253 $ 63,560
Restricted cash – current 48 48
Prepaid expenses and other current assets 1,446 1,317
Total Current Assets 73,747 64,925
Property and equipment, net of accumulated depreciation of $314 and $291 293 312
Operating leases right-of-use assets 496 579
Finance leases right-of-use assets 119 140
Security deposit 50 50
Restricted cash 392 391
Total Assets 75,097 66,397
Current Liabilities:    
Accounts payable and accrued expenses 3,727 4,340
Operating leases current liability 349 342
Finance leases current liability 88 85
Total Current Liabilities 4,164 4,767
Long-term operating leases obligations 154 245
Long-term finance leases obligations 43 66
Total Liabilities 4,361 5,078
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; 19,245,638 and 17,532,893 shares issued and outstanding, respectively 19 18
Additional paid-in capital 307,011 292,275
Accumulated deficit (236,294) (230,974)
Total Stockholders’ Equity 70,736 61,319
Total Liabilities and Stockholders’ Equity $ 75,097 $ 66,397