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
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 79,506 $ 15,173
Prepaid expenses and other current assets 2,330 2,025
Total current assets 81,836 17,198
Furniture and equipment, net 395 483
Intangible assets 11,148 11,148
Operating lease right-of-use asset 155 202
Total assets 93,534 29,031
Current liabilities:    
Accounts payable 1,505 1,129
Accrued expenses and other current liabilities 1,845 1,791
Total current liabilities 3,350 2,920
Operating lease liability - long-term, net of current portion 94 159
Warrant liability - long-term 5,390 8,192
Total liabilities 8,834 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; 28,552,213 and 11,536,720 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 29 69
Additional paid-in capital 150,231 74,671
Subscription Receivable (10) (129)
Accumulated other comprehensive income 55 65
Accumulated deficit (65,605) (56,916)
Total stockholders’ equity 84,700 17,760
Total liabilities and stockholders’ equity $ 93,534 $ 29,031