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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 77,398,000 $ 70,542,000
Marketable securities 0 16,784,000
Trade receivables, net 18,717,000 9,811,000
Partnership receivables 1,047,000 1,790,000
Inventory 1,106,000 1,656,000
Clinical trial retainers 706,000 1,181,000
Other prepaid expenses and other current assets 1,757,000 2,972,000
Total current assets 100,731,000 104,736,000
Property and equipment, net 225,000 276,000
Operating lease right-of-use asset 32,000 178,000
Other assets 245,000 151,000
Total assets 101,233,000 105,341,000
Current liabilities:    
Accounts payable 5,039,000 2,712,000
Accrued clinical trial costs and contract manufacturing 10,589,000 5,046,000
Accrued compensation and benefits 5,728,000 4,963,000
Other accrued liabilities 9,572,000 5,421,000
Operating lease liability 2,000 11,000
Less loans payable current, net of discount 11,493,000 0
Deferred revenue 0 578,000
Total current liabilities 42,423,000 18,731,000
Loans payable, net of discount 27,185,000 37,960,000
Other liabilities, non-current (Note 6) 2,780,000 2,780,000
Total liabilities 72,388,000 59,471,000
Stockholders’ equity:    
Preferred stock, $0.001 par value: 5,000 shares authorized at September 30, 2022 and December 31, 2021; no shares issued and outstanding at each of September 30, 2022 and December 31, 2021 0 0
Common stock, $0.001 par value: 80,000 shares authorized at September 30, 2022 and 50,000 at December 31, 2021; 34,621 shares issued and outstanding at September 30, 2022 and 34,475 at December 31, 2021 35,000 34,000
Additional paid-in capital 725,141,000 720,386,000
Accumulated other comprehensive loss 0 (3,000)
Accumulated deficit (696,331,000) (674,547,000)
Total stockholders’ equity 28,845,000 45,870,000
Total liabilities and stockholders’ equity $ 101,233,000 $ 105,341,000