Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Balance Sheets

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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 112,445 $ 93,041
Prepaid expenses and other current assets 3,039 5,165
Inventory 92 0
Restricted cash 55 0
Total current assets 115,631 98,206
Other assets 1,413 573
Deferred offering costs 179 187
Restricted cash 218 273
Property and equipment, net 219 298
Intangible assets 572 0
Operating lease right-of-use asset (See Note 6) 2,899 2,999
Total assets 121,131 102,536
Current liabilities:    
Accounts payable 5,946 4,639
Accrued expenses 3,374 4,141
Warrant liabilities 10,499 17,564
Operating lease liability, current portion (See Note 6) 60 52
Total current liabilities 19,879 26,396
Other liabilities 838 0
Warrant liabilities 24,452 33,592
Convertible debt and derivative liability (See Note 5) 11,996 16,516
Loan payable 28,376 0
Operating lease liability (See Note 6) 3,270 3,274
Total liabilities 88,811 79,778
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value, authorized 5,000,000 shares as of June 30, 2021 and December 31, 2020; 0 shares issued and outstanding as of June 30, 2021 and December 31, 2020 0 0
Common stock, $0.001 par value, 100,000,000 shares authorized as of June 30, 2021 and December 31, 2020; 23,147,552 and 19,663,698 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 26 20
Additional paid-in capital 361,925 349,351
Accumulated deficit (329,631) (326,613)
Total stockholders’ equity 32,320 22,758
Total liabilities and stockholders’ equity $ 121,131 $ 102,536