Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 23,687 $ 20,528
Investments 8,203 [1]
Accounts receivable 39 65 [1]
Inventory 1,295 1,014 [1]
Prepaid expenses and other current assets 889 339 [1]
Related party receivable 2 18 [1]
Total current assets 25,912 30,167 [1]
Fixed assets, net 994 1,056 [1]
Right-of-use assets 816 1,021 [1]
Other non-current assets 13 13 [1]
Total assets 27,735 32,257 [1]
Current liabilities    
Accounts payable and accrued expenses 1,889 2,999 [1]
Operating lease liabilities - current 236 321 [1]
Other current liabilities 413 270 [1]
Term debt, net of debt discount of $23 and $246, respectively 7,977 7,754 [1]
Total current liabilities 10,515 11,344 [1]
Contingent royalty obligation 1,624 1,872 [1]
Operating lease liabilities - non-current 597 713 [1]
Total liabilities 12,736 13,929 [1]
Commitments and contingent liabilities (Note 9) [1]
Shareholders' equity    
Preferred stock value [1]
Common Stock $0.0001 par value; 115,000,000 and 50,000,000 shares authorized as of September 30, 2020 and December 31, 2019, respectively; 32,182,589 and 28,811,087 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 3 3 [1]
Additional paid-in capital 114,319 102,789 [1]
Accumulated deficit (99,323) (84,464) [1]
Total shareholders' equity 14,999 18,328 [1]
Total liabilities and shareholders' equity 27,735 32,257 [1]
Preferred Series A Stock    
Shareholders' equity    
Preferred stock value [1]
[1] Derived from audited consolidated financial statements