Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.20.4
Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 109,403 $ 32,305
Accounts receivable, net 71  
Marketable securities   3,500
Insurance recovery 9,000  
Prepaid expenses and other current assets 570 1,683
Total current assets 119,044 37,488
Restricted cash 1,310 1,309
Property and equipment, net 2,253 2,705
Right-of-use lease asset 5,119 5,472
Other assets 13 20
Total assets 127,739 46,994
Current liabilities:    
Accounts payable, net 1,693 1,047
Accrued expenses and other current liabilities 5,168 2,403
Estimated settlement liability 9,000  
Current portion of loans payable, net   5,037
Lease liability 703 620
Total current liabilities 16,564 9,107
Leases, net of current portion 7,101 7,804
Warrant liability 6 5
Total liabilities 23,671 16,916
Commitments and contingencies (Note 8)
Stockholders' equity:    
Common stock-$0.001 par value; 200,000,000 shares authorized at December 31, 2020 and December 31, 2019; 159,999,917 and 94,213,760 shares issued and outstanding at December 31, 2020 and December 31, 2019, respectively 160 94
Preferred stock-$0.001 par value; 5,000,000 shares authorized, none issued or outstanding at December 31, 2020 and December 31, 2019
Additional paid-in capital 546,422 443,129
Accumulated deficit (442,514) (413,145)
Total stockholders' equity 104,068 30,078
Total liabilities and stockholders' equity $ 127,739 $ 46,994