XML 18 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 27,810 $ 40,019
Short-term investments 3,196 2,774
Prepaid expenses and other current assets 2,681 3,475
Total current assets 33,687 46,268
Property and equipment, net 63 97
Operating lease right-of-use asset 965 1,054
Other assets 70 70
Total assets 34,785 47,489
Current liabilities:    
Accounts payable 345 457
Accrued expenses 7,023 7,461
Operating lease liability 166 163
Future tranche right liability   46,436
Total current liabilities 7,534 54,517
Warrant liability, long-term 3,053 3,241
Future tranche right liability, long-term 41,074  
Operating lease liability, net of current portion 815 899
Total liabilities 52,476 58,657
Commitments and contingencies
Stockholders' equity (deficit)    
Common stock, $0.001 par value, Authorized - 140,000 shares; Issued and outstanding - 34,291 and 29,672 at June 30, 2020 and December 31, 2019, respectively 34 30
Additional paid-in capital 718,574 709,692
Accumulated deficit (736,299) (720,890)
Total stockholders' deficit (17,691) (11,168)
Total liabilities and stockholders' deficit 34,785 47,489
Series B1 redeemable convertible preferred stock    
Stockholders' equity (deficit)    
Preferred stock
Series A convertible preferred stock; Designated - 1,500 shares, Issued and outstanding - 1 share    
Stockholders' equity (deficit)    
Preferred stock