XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 63,434 $ 90,549
Short-term investments 135,979  
Accounts receivable 4,141 4,623
Prepaid expenses and other current assets 5,370 1,595
Total current assets 208,924 96,767
Property and equipment, net 3,580 4,463
Right-of-use asset 13,544 14,453
Restricted cash 2,577 2,577
Other assets 502  
Total assets 229,127 118,260
Current liabilities:    
Accounts payable 5,264 5,385
Accrued expenses and other current liabilities 9,830 6,671
Deferred revenue, current 23,915 20,705
Operating lease liability, current 1,000 880
Total current liabilities 40,009 33,641
Deferred revenue, net of current 61,083 72,718
Operating lease liability, net of current 12,097 12,869
Warrant liability 5,465  
Long-term debt 9,877  
Total liabilities 128,531 119,228
Commitments and Contingencies (see Note 5 and Note 8)
Redeemable convertible preferred stock value 256,520 110,995
Stockholders’ deficit:    
Common stock, par value of $0.0001 per share; 370,000,000 and 180,000,000 shares authorized as of September 30, 2020 and December 31, 2019; 1,634,121 and 1,426,641 shares issued and outstanding as of September 30, 2020 and December 31, 2019 1 1
Additional paid-in capital 6,095 5,524
Accumulated other comprehensive loss 8  
Accumulated deficit (162,028) (117,488)
Total stockholders’ deficit (155,924) (111,963)
Total liabilities, redeemable convertible preferred stock and stockholders’ deficit 229,127 118,260
Series Seed Redeemable Convertible Preferred Stock    
Current liabilities:    
Redeemable convertible preferred stock value 1,000 1,000
Series A Redeemable Convertible Preferred Stock    
Current liabilities:    
Redeemable convertible preferred stock value 109,995 $ 109,995
Series B Redeemable Convertible Preferred Stock    
Current liabilities:    
Redeemable convertible preferred stock value $ 145,525