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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 8,589,000 $ 10,596,000
Accounts receivable   157,000
Prepaid expenses and other current assets 816,000 533,000
Total current assets 9,405,000 11,286,000
Property and equipment, net 297,000 416,000
Operating lease right-of-use asset 141,000  
TOTAL ASSETS 9,843,000 11,702,000
Current liabilities:    
Accounts payable 1,061,000 3,169,000
Accrued expenses 980,000 1,937,000
Senior secured convertible debt, net   8,074,000
Current portion of long-term debt 74,000  
Operating lease right-of-use liability 140,561  
Total current liabilities 2,256,000 13,180,000
Long-term debt 175,000 1,134,000
TOTAL LIABILITIES 2,431,000 14,314,000
Commitments and contingencies (Note 7)
Stockholders’ equity (deficit):    
Common stock, par value of $0.0001 per share; 100,000,000 shares authorized as of December 31, 2021, and December 31, 2020; 30,801,962 and 22,388,027 shares issued as of December 31, 2021 and December 31, 2020, respectively; 30,801,110 and 22,387,175 shares outstanding as of December 31, 2021 and December 31, 2020, respectively 3,000 3,000
Additional paid-in capital 307,281,000 250,914,000
Treasury stock, at cost; 852 shares of common stock as of December 31, 2021 and December 31, 2020, respectively (11,000) (11,000)
Accumulated deficit (299,861,000) (277,481,000)
Total Vaccinex, Inc. stockholders’ equity (deficit) 7,412,000 (26,575,000)
Noncontrolling interests   23,963,000
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT) 7,412,000 (2,612,000)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 9,843,000 $ 11,702,000