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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 9,899 $ 15,294
Short-term investments 26,345 22,276
Prepaid expenses and other current assets 2,714 1,345
Total current assets 38,958 38,915
Right-of-use asset 2,349  
Other assets 473 254
Total assets 41,780 39,169
Current liabilities:    
Accounts payable 1,197 1,408
Accrued expenses 2,610 2,763
Current portion of operating lease liabilities 1,225  
Total current liabilities 5,032 4,171
Other long-term liabilities   56
Long-term portion of operating lease liabilities 1,028  
Total liabilities 6,060 4,227
Commitments (Note 6)
Stockholders' equity:    
Preferred stock, $0.001 par value per share, 5,000,000 shares authorized and no shares issued and outstanding
Common stock, $0.001 par value per share, 150,000,000 shares authorized; 12,433,600 and 7,141,996 shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively 12 7
Additional paid-in capital 259,305 232,243
Accumulated other comprehensive loss   (4)
Accumulated deficit (223,597) (197,304)
Total stockholders' equity 35,720 34,942
Total liabilities and stockholders' equity $ 41,780 $ 39,169