BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 49,071	$ 8,363
Other current assets	897	117
Total current assets	49,968	8,480
Right-of-use asset - operating	428	22
Property and equipment, net	21	10
Other assets	12	24
Total assets	50,429	8,536
Current liabilities:
Accounts payable	1,773	418
Accrued compensation and employee benefits	815	129
Accrued expenses and other liabilities	911	379
Total current liabilities	3,499	926
Operating lease liability, net of current portion	409
Total liabilities	3,908	926
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.001 par value; 5 million shares authorized; no shares issued or outstanding at December 31, 2020 and 2019
Common stock, $0.001 par value; 100 million shares authorized at December 31, 2020 and 2019; 9,548,150 and 1,594,070 shares issued and outstanding at December 31, 2020 and 2019, respectively	10	2
Additional paid-in capital	200,665	152,024
Accumulated deficit	(154,154)	(144,416)
Total stockholders’ equity	46,521	7,610
Total liabilities and stockholders’ equity	$ 50,429	$ 8,536

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.