XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 42,879,000 $ 49,229,000
Prepaid expenses and other current assets 3,424,000 7,409,000
Total current assets 46,303,000 56,638,000
Property and equipment, net 753,000 855,000
Operating right-of-use asset, net 190,000  
Restricted cash 100,000 100,000
Deferred offering costs 382,000 332,000
Total assets 47,728,000 57,925,000
Current liabilities:    
Accounts payable 3,890,000 3,077,000
Accrued expenses and other current liabilities 5,817,000 6,651,000
Total current liabilities 9,707,000 9,728,000
Other long-term liabilities 147,000 12,000
Total liabilities 9,854,000 9,740,000
Commitments and contingencies (Note 6)
Stockholders' equity (deficit):    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued or outstanding at March 31, 2022 and December 31, 2021
Common stock, $0.0001 par value; 200,000,000 shares authorized; 12,127,385 and 12,110,373 shares issued and outstanding at March 31, 2022 and December 31, 2021, 1,000 1,000
Additional paid-in capital 128,631,000 127,289,000
Accumulated deficit (90,758,000) (79,105,000)
Total stockholders' equity 37,874,000 48,185,000
Total liabilities and stockholders' equity $ 47,728,000 $ 57,925,000