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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 78,900,000 $ 90,765,000
Prepaid and other 2,080,000 2,088,000
Total current assets 80,980,000 92,853,000
Right-of-use asset 157,000 75,000
Other assets 389,000 657,000
Total assets 81,526,000 93,585,000
Current liabilities:    
Accounts payable 2,519,000 1,959,000
Accrued liabilities 4,638,000 3,431,000
Deferred grant revenue 211,000 0
Lease liability 144,000 75,000
Total current liabilities 7,512,000 5,465,000
Lease liability, net of current 13,000 0
Commitments and contingencies (Note 3)
Stockholders’ equity:    
Preferred stock, $0.001 par value, authorized shares - 5,000 at June 30, 2022 and December 31, 2021; issued and outstanding shares - none 0 0
Common stock, $0.001 par value; authorized shares - 120,000; issued and outstanding shares - 52,150 and 49,429 at June 30, 2022 and December 31, 2021, respectively 52,000 49,000
Additional paid-in capital 209,724,000 202,201,000
Accumulated deficit (135,775,000) (114,130,000)
Total stockholders’ equity 74,001,000 88,120,000
Total liabilities and stockholders’ equity $ 81,526,000 $ 93,585,000