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Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 71,729,000 $ 44,290,000
Marketable securities 20,074,000 15,120,000
Accounts receivable 457,000 755,000
Prepaid expenses and other current assets 1,303,000 860,000
Total current assets 93,563,000 61,025,000
Property and equipment, net 1,739,000 1,847,000
Operating lease right-of-use 7,876,000 5,337,000
Deposits 2,572,000 2,572,000
Restricted cash, long term 150,000 150,000
Other long term assets 717,000 674,000
Total assets 106,617,000 71,605,000
Current liabilities:    
Accounts payable 1,108,000 883,000
Accrued expenses 2,584,000 2,227,000
Research and development contract liability, current portion 5,966,000 4,097,000
Operating lease liability, current portion 4,569,000 4,448,000
Total current liabilities 14,227,000 11,655,000
Research and development contract liability, net of current portion 1,204,000 4,018,000
Operating lease liability, net of current portion 3,633,000 1,348,000
Total liabilities 19,064,000 17,021,000
Stockholders’ equity:    
Preferred Stock, $0.001 par value; 10,000,000 shares authorized and 0 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively
Common stock, $0.001 par value; 100,000,000 shares authorized; 30,251,083 and 26,562,178 shares issued and outstanding, at September 30, 2020 and December 31, 2019, respectively 30,000 26,000
Additional paid in capital 229,633,000 163,068,000
Accumulated other comprehensive income/ (loss) 72,000 (10,000)
Accumulated deficit (142,182,000) (108,500,000)
Total stockholders’ equity 87,553,000 54,584,000
Total liabilities and stockholders’ equity $ 106,617,000 $ 71,605,000