Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 20,174 $ 7,232
Marketable securities, available-for-sale 0 4,497
Prepaid expenses and other current assets 6,129 6,240
Total current assets 26,303 17,969
Property and equipment, net 7 16
Operating lease right-of-use asset 94 159
Total assets 26,404 18,144
Current liabilities:    
Accounts payable 1,126 2,245
Accrued liabilities 6,042 6,379
Lease liability, current portion 80 78
Deferred revenue 0 1,795
Note payable, current portion 267 0
Total current liabilities 7,515 10,497
Lease liability, net of current portion 7 73
Note payable, net of current portion 170 0
Total liabilities 7,692 10,570
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Common stock, $0.01 par value, 100,000,000 and 50,000,000 shares authorized at September 30, 2020 and December 31, 2019, respectively; 31,241,636 and 8,480,968 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 312 85
Additional paid-in capital 116,928 92,497
Accumulated other comprehensive loss 0 (28)
Accumulated deficit (98,528) (84,980)
Total stockholders’ equity 18,712 7,574
Total liabilities and stockholders’ equity $ 26,404 $ 18,144