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Condensed Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 59,829,000 $ 39,766,000
Prepaid expenses and other current assets 2,986,000 3,128,000
Total current assets 62,815,000 42,894,000
Property and equipment, net 1,226,000 1,531,000
Restricted cash 100,000 100,000
Total assets 64,141,000 44,525,000
Current liabilities:    
Accounts payable 1,790,000 1,187,000
Accrued expenses and other current liabilities 1,687,000 1,372,000
Equipment loan payable 44,000 113,000
Current portion of long-term debt   366,000
Total current liabilities 3,521,000 3,038,000
Long-term debt, net of current portion   134,000
Deferred rent 3,000 8,000
Total liabilities 3,524,000 3,180,000
Commitments and contingencies (Note 7)
Stockholders' equity:    
Common stock, $0.0001 par value; 200,000,000 shares authorized at June 30, 2021 and December 31, 2020; 11,812,792 shares issued and outstanding at June 30, 2021; 10,634,245 shares issued and outstanding at December 31, 2020 1,000 1,000
Additional paid-in capital 124,149,000 95,738,000
Accumulated deficit (63,533,000) (54,394,000)
Total stockholders' equity 60,617,000 41,345,000
Total liabilities and stockholders' equity $ 64,141,000 $ 44,525,000