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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net loss $ (33,978) $ (7,830)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation 9,746 424
Amortization of operating lease right-of-use asset 93  
Depreciation 103 16
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 1,405 (37)
Other Assets 58  
Accounts payable 198 366
Accrued expenses (966) 2,050
Right-of-use liability (66)  
Net cash used in operating activities (23,407) (5,011)
Cash flows from investing activities:    
Cash and restricted cash acquired in connection with the reverse merger with ArTara Therapeutics, Inc. 3,719
Purchase of property and equipment (884) (475)
Net cash provided by/(used in) investing activities 2,835 (475)
Cash flows from financing activities:    
Proceeds from - ArTara Private Placement, net of offering costs 1,867
Proceeds from - Common Stock in Proteon Private Placement, net of offering costs 12,413
Proceeds from - Series 1 Convertible Preferred Stock in Proteon Private Placement, net of offering costs 25,319
Proceeds from Common Offering, net of offering costs 73,570
Proceeds from Preferred Offering, net of offering costs 66,284
Proceeds from Underwriters Overallotment Option 11,087
Repayments under short-term debt (1,669)
Proceeds from the exercise of stock options 530
Proceeds from private placements 500
Net cash provided by financing activities 189,401 500
Net increase/(decrease) in cash and cash equivalents and restricted cash 168,829 (4,986)
Cash and cash equivalents and restricted cash - beginning of year 564 5,550
Cash and cash equivalents and restricted cash - end of year 169,393 564
Reconciliation of cash and cash equivalents and restricted cash to the consolidated balance sheets:    
Cash and cash equivalents 168,598 564
Restricted cash 50  
Restricted cash, long-term 745  
Cash and cash equivalents and restricted cash 169,393 564
Cash paid for:    
Interest 34
Income Taxes
Non-cash investing and financing activities:    
Deferred offering costs recorded in accrued expenses 122
Deferred offering costs recognized that were previously recorded in accrued expenses 122
Purchase of insurance agreement with notes payable 1,669
Common stock issued in connection with the reverse merger with ArTara Therapeutics, Inc. $ 34,533