Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.20.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2020
Accounting Policies [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring
The following table sets forth the fair value of the Company’s financial assets measured at fair value on a recurring basis based on the three-tier fair value hierarchy (in thousands):
Level 1 (1)
September 30,
2020
December 31, 2019
Assets:
Money market funds $ 19,519  $ 7,232 
U.S. treasuries —  4,497 
Total $ 19,519  $ 11,729 
____________
(1)    No assets as of each respective date were identified as Level 2 or 3 based on the three-tier fair value hierarchy. The Company had no financial liabilities measured at fair value on a recurring basis as of each respective date.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table sets forth the potential common shares excluded from the calculation of net loss per common share, because their inclusion would be anti-dilutive:
Three and Nine Months Ended
September 30,
2020 2019
Outstanding warrants 19,556,108  1,632,495 
Outstanding options 4,743,537  1,802,895 
Unvested restricted stock units 204,233  — 
Total 24,503,878  3,435,390