Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 58,201	$ 168,598
Restricted cash	50	50
Marketable debt securities, current	26,144
Prepaid expenses and other current assets	3,302	787
Total current assets	87,697	169,435
Non-current assets:
Restricted cash, non-current	745	745
Marketable debt securities, non-current	70,824
Property and equipment, net	1,498	1,240
Goodwill	29,517	29,517
Other assets	2,132	2,220
Total assets	192,413	203,157
Current liabilities:
Accounts payable	1,853	914
Accrued expenses	1,368	1,913
Operating lease liability, current	92	88
Total current liabilities	3,313	2,915
Non-current liabilities:
Operating lease liability, non-current	974	999
Total liabilities	4,287	3,914
Commitments and Contingencies (Note 5)
Stockholders' Equity
Preferred Stock, $0.001 par value, authorized 10,000,000 shares: Series 1 Convertible Preferred Stock, 8,028 shares authorized at March 31, 2021 and December 31, 2020, 8,027 shares issued and outstanding as of March 31, 2021 and December 31, 2020.
Common Stock, $0.001 par value, authorized 100,000,000 shares: Common Stock, 11,228,606 and 11,211,840 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively.	11	11
Additional Paid in Capital	248,504	245,992
Accumulated Deficit	(60,225)	(46,760)
Accumulated Other Comprehensive Income (Loss)	(164)
Total Stockholders' Equity	188,126	199,243
Total Liabilities and Stockholders' Equity	$ 192,413	$ 203,157

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).