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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 52,856 $ 9,899
Short-term investments   26,345
Prepaid expenses and other current assets 2,656 2,714
Total current assets 55,512 38,958
Right-of-use asset 1,178 2,349
Other assets 160 473
Total assets 56,850 41,780
Current liabilities:    
Accounts payable 1,408 1,197
Accrued expenses 4,924 2,610
Current portion of operating lease liabilities 648 1,225
Total current liabilities 6,980 5,032
Long-term portion of operating lease liabilities 559 1,028
Total liabilities 7,539 6,060
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; 20,077,337 and 12,433,600 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 20 12
Additional paid-in capital 301,210 259,305
Accumulated deficit (251,919) (223,597)
Total stockholders' equity 49,311 35,720
Total liabilities and stockholders' equity $ 56,850 $ 41,780