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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 68,840 $ 61,761
Marketable securities 25,176 0
Trade receivables, net 8,303 0
Partnership receivables 1,205 1,197
Inventory 1,252 0
Clinical trial retainers 881 355
Other prepaid expenses and other current assets 2,320 2,195
Total current assets 107,977 65,508
Property and equipment, net 292 343
Operating lease right-of-use asset 560 903
Other assets 258 158
Total assets 109,087 66,912
Current liabilities:    
Accounts payable 4,925 3,380
Accrued clinical trial costs and contract research 6,534 4,550
Other accrued liabilities 9,484 4,463
Operating lease liability 361 369
Loans payable, net of discount 0 1,056
Deferred revenue 1,072 1,974
Deferred research and development reimbursements 0 164
PIPE Warrant liability 0 199
Other liabilities (Note 6) 0 790
Total current liabilities 22,376 16,945
Loans payable, net of current portion and discount 33,026 12,716
Deferred revenue, non-current 0 578
Operating lease liability, non-current 19 336
Other liabilities, non-current (Note 6) 2,432 1,043
Total liabilities 57,853 31,618
Stockholders’ equity:    
Preferred stock, $.001 par value: 5,000 shares authorized at September 30, 2021 and December 31, 2020; no shares issued and outstanding at each of September 30, 2021 and December 31, 2020 0 0
Common stock, $.001 par value: 50,000 shares authorized at September 30, 2021 and December 31, 2020; 34,374 shares issued and outstanding at September 30, 2021 and 26,883 issued and outstanding at December 31, 2020 34 27
Additional paid-in capital 718,494 656,472
Accumulated other comprehensive income (2) 0
Accumulated deficit (667,292) (621,205)
Total stockholders’ equity 51,234 35,294
Total liabilities and stockholders’ equity $ 109,087 $ 66,912