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Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 15,954 $ 23,906
Accounts receivable, net 160 238
Inventories 2,249 2,218
Prepaid expenses and other current assets 1,555 1,258
Total current assets 19,918 27,620
Property and equipment, net 2,820 3,211
Operating lease right-of-use-assets 2,393 2,484
Other non-current assets 131 123
TOTAL ASSETS 25,262 33,438
Current Liabilities    
Accounts payable 977 571
Accrued expenses 2,213 4,348
Current portion of deferred revenue 1,777 1,801
Current portion of equipment financing   265
Current portion of promissory note 674 421
Current portion of operating lease liabilities 338 356
Total current liabilities 5,979 7,762
Deferred revenue 617 686
Promissory note 1,326 1,579
Operating lease liabilities 2,195 2,264
Total liabilities 10,117 12,291
Commitments and contingencies (Note 13)
Stockholders’ Equity    
Preferred stock, $0.0001 par value, 10,000,000 authorized none issued
Common stock, $0.0001 par value, 300,000,000 shares authorized; 3,259,340 and 3,188,679 issued and outstanding at March 31, 2021 and December 31, 2020, respectively 7 7
Additional paid-in capital 175,576 174,342
Accumulated deficit (160,438) (153,202)
Total stockholders’ equity 15,145 21,147
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 25,262 $ 33,438