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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Restrictions on Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported in the balance sheets that sum to the total of the same amounts show in the statement of cash flows.
As of March 31,
(in thousands)20212020
Cash and cash equivalents$46,273 $6,111 
Restricted cash— 71 
Total cash, cash equivalents, and restricted cash in the balance sheet$46,273 $6,182 
Disaggregation of Deferred Revenue Revenues consisted of the following (in thousands):
For the Three Months Ended March 31,
20212020
Recurring revenue$1,409 862 
Non-recurring revenue$1,545 942 
Totals$2,954 $1,804 
Summary of Stock-based Compensation Charges The following table summarizes such charges for the periods then ended (in thousands):
For the Three Months Ended March 31,
20212020
Compensation and related benefits$5,096 $399 
Totals$5,096 $399 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table summarizes the number of common shares and common share equivalents excluded from the calculation of diluted net loss per common share for the three months ended March 31, 2021 and 2020:
For the Three Months Ended
March 31,
20212020
Options7,012,891 120,796 
Warrants49,398,338 93,252 
Convertible preferred stock846 846 
Restricted Stock Award5,250,000 — 
ATM sales of common stock to be issued— 639,142 
Totals61,662,075 854,036