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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net loss $ (4,232,000) $ (3,589,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 134,000 48,000
Depreciation expense 8,000 8,000
Changes in assets and liabilities:    
Prepaid expenses and other current assets 18,000 35,000
Operating lease right-of-use asset 219,000 226,000
Accounts payable 432,000 (46,000)
Accrued expenses and other current liabilities (381,000) 527,000
Operating lease liability (215,000) (214,000)
Net cash used in operating activities (4,017,000) (3,005,000)
Cash flows from investing activities:    
Purchases of property and equipment (8,000) (52,000)
Net cash used in investing activities (8,000) (52,000)
Cash flows from financing activities:    
Payment of offering costs (773,000)  
Net cash provided by financing activities 29,464,000  
Net increase (decrease) in cash and cash equivalents 25,439,000 (3,057,000)
Cash and cash equivalents and restricted cash, beginning of period 10,137,000 24,217,000
Cash and cash equivalents and restricted cash, end of period 35,576,000 21,160,000
Supplemental disclosure of non-cash financing and investing activities:    
Property and equipment purchases included in accounts payable 49,000  
Accretion of redeemable convertible preferred stock to redemption value 85,000 77,000
Right-of-use asset obtained in exchange of operating lease obligation   $ 4,045,000
Deferred offering costs included in accounts payable and accrued expense 702,000  
Series C    
Cash flows from financing activities:    
Proceeds from the sale of Series C redeemable convertible preferred stock 30,392,000  
Payment of offering costs (155,000)  
Supplemental disclosure of non-cash financing and investing activities:    
Allocation of Series C redeemable convertible preferred stock to common stock warrant 740,000  
Series C redeemable convertible preferred stock issuance costs included in accounts payable and accrued expense $ 51,000