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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 65,371 $ 25,303
Prepaid expenses and other current assets 1,917 935
Total current assets 67,288 26,238
Property and equipment, net 2,829 3,751
Restricted cash 263 263
Other assets 69 129
Total assets 70,449 30,381
Current liabilities:    
Current portion of long-term debt 7,454 5,576
Accounts payable 1,581 629
Accrued expenses 2,574 3,122
Derivative liability related to loan   494
Total current liabilities 11,609 9,821
Long-term debt, net of current portion 5,590 9,293
Total liabilities 17,199 19,114
Commitments and contingencies (Note 2 and 11)
Convertible preferred stock - 0 and 207,164,404 authorized, issued, and outstanding as of June 30, 2020 and December 31, 2019, respectively   129,870
Stockholders' equity (deficit):    
Preferred stock, $0.0001 par value: 10,000,000 and 0 shares authorized; no shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively
Common stock, $0.0001 par value: 300,000,000 shares authorized; 52,151,798 and 9,073,002 shares issued at June 30, 2020 and December 31, 2019, respectively; 50,896,833 and 7,034,047 shares outstanding at June 30, 2020 and December 31, 2019, respectively 5 1
Additional paid-in-capital 187,112 3,304
Accumulated deficit (133,867) (121,908)
Total stockholders' equity 53,250 (118,603)
Total liabilities and stockholders' equity $ 70,449 $ 30,381