Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 86,293 $ 15,173
Prepaid expenses and other current assets 1,726 2,025
Total current assets 88,019 17,198
Furniture and equipment, net 438 483
Intangible assets 11,148 11,148
Operating lease right-of-use asset 179 202
Total assets 99,784 29,031
Current liabilities:    
Accounts payable 1,928 1,129
Accrued expenses and other current liabilities 2,650 1,791
Total current liabilities 4,578 2,920
Operating lease liability - long-term, net of current portion 127 159
Warrant liability - long-term 6,563 8,192
Total liabilities 11,268 11,271
Commitments and contingencies (Note 7)
Stockholders' equity    
Preferred stock, $0.001 par value; 5,000,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.001 par value; 100,000,000 shares authorized; 28,444,425 and 11,536,720 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively 28 69
Additional paid-in capital 149,788 74,671
Subscription Receivable 0 (129)
Accumulated other comprehensive income 61 65
Accumulated deficit (61,361) (56,916)
Total stockholders’ equity 88,516 17,760
Total liabilities and stockholders’ equity $ 99,784 $ 29,031