Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.20.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 10,735 $ 7,134
Prepaid expenses and other current assets 2,749 840
Total current assets 13,484 7,974
Furniture and equipment, net of accumulated depreciation of $284 and $93, respectively 316 463
Intangible assets 11,148 11,148
Operating lease right-of-use asset 287  
Total Assets 25,235 19,585
Current Liabilities:    
Accounts payable 2,153 1,246
Accrued expenses and other current liabilities 1,417 2,452
Warrant liability - current 0 180
Total current liabilities 3,570 3,878
Operating lease liability - long-term, net of current portion 276  
Deferred rent - long-term   107
Warrant liability - long-term 5,818 1,328
Total Liabilities 9,664 5,313
Commitments and contingencies (Note 8)
Stockholders' Equity:    
Preferred stock, $0.001 par value; 5,000,000 authorized, no shares issued and outstanding 0 0
Common stock, $0.001 par value; 100,000,000 and 75,000,000 authorized as of December 31, 2019 and December 31, 2018, 45,727,700 and 28,528,663 shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively 46 29
Additional paid-in capital 55,055 40,564
Accumulated other comprehensive income 31 35
Accumulated deficit (39,561) (26,356)
Total stockholders' equity 15,571 14,272
Total liabilities and stockholders' equity $ 25,235 $ 19,585