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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net loss $ (8,772,000) $ (7,790,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 753,000 92,000
Depreciation expense 21,000 14,000
Changes in assets and liabilities:    
Prepaid expenses and other current assets (2,400,000) 200,000
Operating lease right-of-use assets 440,000 436,000
Accounts payable 138,000 839,000
Accrued expenses and other current liabilities (1,237,000) 618,000
Operating lease liabilities (438,000) (418,000)
Net cash used in operating activities (11,495,000) (6,009,000)
Cash flows from investing activities:    
Purchases of property and equipment (85,000) (121,000)
Net cash used in investing activities (85,000) (121,000)
Cash flows from financing activities:    
Payment of offering costs (1,708,000)  
Proceeds from initial public offering, net of underwriting discount 59,892,000  
Proceeds from exercise of stock options   87,000
Net cash provided by financing activities 88,371,000 87,000
Net increase (decrease) in cash and cash equivalents 76,791,000 (6,043,000)
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 86,928,000 18,174,000
Supplemental disclosure of non-cash financing and investing activities:    
Property and equipment purchases included in accounts payable 30,000  
Conversion of redeemable convertible preferred stock 160,227,000  
Accretion of redeemable convertible preferred stock to redemption value 115,000 155,000
Right-of-use asset obtained in exchange of operating lease obligation 13,000 4,045,000
Deferred offering costs included in accounts payable and accrued expense 630,000 $ 7,000
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 (205,000)  
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 $ 1,000