XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 123,556 $ 15,571
Restricted cash 200 304
Short-term investments 0 8,233
Inventories 1,440 0
Prepaid and other current assets 2,694 2,313
Total current assets 127,890 26,421
Property and equipment, net 1,084 394
Operating lease right-of-use assets 5,015 160
Other noncurrent assets 1,067 1,320
Total assets 135,056 28,295
Current liabilities:    
Accounts payable 8,421 6,008
Convertible notes payable 44,302 0
Accrued expenses 2,597 2,784
Accrued compensation 5,944 3,670
Operating lease liabilities - current 542 197
Total current liabilities 61,806 12,659
Operating lease liabilities - noncurrent 4,711 0
Total liabilities 66,517 12,659
Commitments and contingencies (Note 7)
Preferred stock, $0.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding 0 0
Stockholders’ equity:    
Common stock, $0.0001 par value; 300,000,000 shares authorized; 81,300,667 and 48,137,880 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively; 8 5
Additional paid-in capital 653,522 528,810
Accumulated deficit (584,991) (513,179)
Total stockholders’ equity 68,539 15,636
Total liabilities and stockholders’ equity $ 135,056 $ 28,295