v3.21.2
Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 34,341 $ 37,942
Prepaid expenses and other current assets 659 132
Total current assets 35,000 38,074
Property and equipment, net 206 153
Operating lease right-of-use asset 998 705
Long-term prepaid rent 450 450
Security deposit 14 13
Total assets 36,668 39,395
Current liabilities:    
Accounts payable 411 442
Accrued expenses 184 211
Accrued payroll related expenses 322 705
Current operating lease liability 213 90
Total current liabilities 1,130 1,448
Long term operating lease liability 849 602
Total liabilities 1,979 2,050
Commitments and contingencies (see Note 10)
Stockholders’ equity:    
Preferred stock $0.001 par value, authorized 2,500 shares; none issued and outstanding at June 30, 2021 and December 31, 2020 0 0
Common stock: $0.001 par value, authorized 47,500 shares; 23,104 and 22,375 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively; 23 22
Additional paid-in capital 192,152 187,463
Accumulated deficit (157,486) (150,140)
Total stockholders’ equity 34,689 37,345
Total liabilities and stockholders’ equity $ 36,668 $ 39,395