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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows used in operating activities:    
Net loss $ (26,247) $ (17,200)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation 5,738 4,627
Operating lease right-of-use asset 401 39
Depreciation 87 44
Amortization of premium on marketable debt securities 747  
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (1,848) 657
Other Assets, non-current 144  
Accounts payable 489 200
Accrued expenses (475) (1,231)
Operating lease liabilities (430) (15)
Net cash used in operating activities (21,394) (12,879)
Cash flows (used in)/provided by investing activities:    
Cash and restricted cash acquired in connection with the reverse merger with ArTara Therapeutics, Inc.   3,719
Purchase of marketable debt securities, available-for-sale (99,574)  
Purchase of property and equipment (616) (241)
Net cash (used in)/provided by investing activities (100,190) 3,478
Cash flows (used in)/provided by 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
Repurchase of shares in connection with settlement of RSUs (228)  
Repayments under short-term debt   (741)
Net cash (used in)/provided by financing activities (228) 38,858
Net (decrease)/increase in cash and cash equivalents and restricted cash (121,812) 29,457
Cash and cash equivalents and restricted cash - beginning of year 169,393 564
Cash and cash equivalents and restricted cash - end of period 47,581 30,021
Cash paid for:    
Interest   15
Income Taxes
Non-cash investing and financing activities:    
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