XML 20 R7.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
Total
Series A, B, C & C-1 Redeemable Convertible Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Loss
Accumulated Deficit
Redeemable Convertible Preferred Stock and Preferred Stock Dividends to Common Stock
Redeemable Convertible Preferred Stock and Preferred Stock Dividends to Common Stock
Series A, B, C & C-1 Redeemable Convertible Preferred Stock
Redeemable Convertible Preferred Stock and Preferred Stock Dividends to Common Stock
Common Stock
Redeemable Convertible Preferred Stock and Preferred Stock Dividends to Common Stock
Additional Paid-In Capital
Convertible Notes Payable and Accrued Interest to Common Stock
Convertible Notes Payable and Accrued Interest to Common Stock
Common Stock
Convertible Notes Payable and Accrued Interest to Common Stock
Additional Paid-In Capital
Beginning Balance (in shares) at Dec. 31, 2017     585,262                    
Beginning Balance at Dec. 31, 2017 $ (59,936,000)   $ 6,000 $ 0 $ 0 $ (59,942,000)              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Accretion of redeemable convertible preferred stock to redemption value (3,240,000)     (207,000)   (3,033,000)              
Stock based compensation 190,000     190,000                  
Issuance of common stock through exercise of stock option (in shares)     1,438                    
Issuance of common stock through exercise of stock option 17,000     17,000                  
Net income (loss) 527,000         527,000              
Ending Balance (in shares) at Mar. 31, 2018     586,700                    
Ending Balance at Mar. 31, 2018 (59,708,000)   $ 6,000 0 0 (59,714,000)              
Beginning Balance (in shares) at Dec. 31, 2017   1,256,466                      
Beginning Balance at Dec. 31, 2017   $ 52,354,000                      
Increase (Decrease) in Temporary Equity [Roll Forward]                          
Accretion of redeemable convertible preferred stock to redemption value   $ 3,240,000                      
Ending Balance (in shares) at Mar. 31, 2018   1,256,466                      
Ending Balance at Mar. 31, 2018   $ 55,594,000                      
Beginning Balance (in shares) at Dec. 31, 2017     585,262                    
Beginning Balance at Dec. 31, 2017 (59,936,000)   $ 6,000 0 0 (59,942,000)              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Unrealized loss on available-for-sale marketable securities 0                        
Net income (loss) (5,566,000)                        
Ending Balance (in shares) at Sep. 30, 2018     587,563                    
Ending Balance at Sep. 30, 2018 (67,296,000)   $ 6,000 0 0 (67,302,000)              
Beginning Balance (in shares) at Dec. 31, 2017   1,256,466                      
Beginning Balance at Dec. 31, 2017   $ 52,354,000                      
Increase (Decrease) in Temporary Equity [Roll Forward]                          
Shares converted 0                        
Reduction of redeemable convertible preferred stock to redemption value 5,041,000                        
Ending Balance (in shares) at Sep. 30, 2018   1,256,466                      
Ending Balance at Sep. 30, 2018   $ 57,425,000                      
Beginning Balance (in shares) at Mar. 31, 2018     586,700                    
Beginning Balance at Mar. 31, 2018 (59,708,000)   $ 6,000 0 0 (59,714,000)              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Accretion of redeemable convertible preferred stock to redemption value (865,000)     (175,000)   (690,000)              
Stock based compensation 175,000     175,000                  
Net income (loss) (3,552,000)         (3,552,000)              
Ending Balance (in shares) at Jun. 30, 2018     586,700                    
Ending Balance at Jun. 30, 2018 (63,950,000)   $ 6,000 0 0 (63,956,000)              
Beginning Balance (in shares) at Mar. 31, 2018   1,256,466                      
Beginning Balance at Mar. 31, 2018   $ 55,594,000                      
Increase (Decrease) in Temporary Equity [Roll Forward]                          
Accretion of redeemable convertible preferred stock to redemption value   $ 865,000                      
Ending Balance (in shares) at Jun. 30, 2018   1,256,466                      
Ending Balance at Jun. 30, 2018   $ 56,459,000                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Accretion of redeemable convertible preferred stock to redemption value (966,000)     (161,000)   (805,000)              
Stock based compensation 151,000     151,000                  
Issuance of common stock through exercise of stock option (in shares)     863                    
Issuance of common stock through exercise of stock option 10,000     10,000                  
Unrealized loss on available-for-sale marketable securities 0                        
Net income (loss) (2,541,000)         (2,541,000)              
Ending Balance (in shares) at Sep. 30, 2018     587,563                    
Ending Balance at Sep. 30, 2018 $ (67,296,000)   $ 6,000 0 0 (67,302,000)              
Increase (Decrease) in Temporary Equity [Roll Forward]                          
Accretion of redeemable convertible preferred stock to redemption value   $ 966,000                      
Ending Balance (in shares) at Sep. 30, 2018   1,256,466                      
Ending Balance at Sep. 30, 2018   $ 57,425,000                      
Beginning Balance (in shares) at Dec. 31, 2018 589,001   589,001                    
Beginning Balance at Dec. 31, 2018 $ (71,618,000)   $ 6,000 0 0 (71,624,000)              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Reduction of redeemable convertible preferred stock to redemption value 10,521,000         10,521,000              
Stock based compensation 384,000     384,000                  
Net income (loss) (4,580,000)         (4,580,000)              
Ending Balance (in shares) at Mar. 31, 2019     589,001                    
Ending Balance at Mar. 31, 2019 $ (65,293,000)   $ 6,000 384,000 0 (65,683,000)              
Beginning Balance (in shares) at Dec. 31, 2018 1,256,466 1,256,466                      
Beginning Balance at Dec. 31, 2018 $ 58,290,000 $ 58,290,000                      
Increase (Decrease) in Temporary Equity [Roll Forward]                          
Reduction of redeemable convertible preferred stock to redemption value   $ (10,521,000)                      
Ending Balance (in shares) at Mar. 31, 2019   1,256,466                      
Ending Balance at Mar. 31, 2019   $ 47,769,000                      
Beginning Balance (in shares) at Dec. 31, 2018 589,001   589,001                    
Beginning Balance at Dec. 31, 2018 $ (71,618,000)   $ 6,000 0 0 (71,624,000)              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Unrealized loss on available-for-sale marketable securities (11,000)                        
Net income (loss) $ (13,015,000)                        
Ending Balance (in shares) at Sep. 30, 2019 7,810,680   7,810,680                    
Ending Balance at Sep. 30, 2019 $ 18,225,000   $ 78,000 92,276,000 (11,000) (74,118,000)              
Beginning Balance (in shares) at Dec. 31, 2018 1,256,466 1,256,466                      
Beginning Balance at Dec. 31, 2018 $ 58,290,000 $ 58,290,000                      
Increase (Decrease) in Temporary Equity [Roll Forward]                          
Shares converted (48,016,000)                        
Reduction of redeemable convertible preferred stock to redemption value $ (10,377,000)                        
Ending Balance (in shares) at Sep. 30, 2019 0 0                      
Ending Balance at Sep. 30, 2019 $ 0 $ 0                      
Beginning Balance (in shares) at Mar. 31, 2019     589,001                    
Beginning Balance at Mar. 31, 2019 (65,293,000)   $ 6,000 384,000 0 (65,683,000)              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Accretion of redeemable convertible preferred stock to redemption value (165,000)     (165,000)                  
Stock based compensation 299,000     299,000                  
Net income (loss) (3,654,000)         (3,654,000)              
Ending Balance (in shares) at Jun. 30, 2019     589,001                    
Ending Balance at Jun. 30, 2019 (68,813,000)   $ 6,000 518,000 0 (69,337,000)              
Beginning Balance (in shares) at Mar. 31, 2019   1,256,466                      
Beginning Balance at Mar. 31, 2019   $ 47,769,000                      
Increase (Decrease) in Temporary Equity [Roll Forward]                          
Accretion of redeemable convertible preferred stock to redemption value   $ 165,000                      
Ending Balance (in shares) at Jun. 30, 2019   1,256,466                      
Ending Balance at Jun. 30, 2019   $ 47,934,000                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Accretion of redeemable convertible preferred stock to redemption value (82,000)     (82,000)                  
Conversion of securities (in shares)                 2,783,951     1,069,740  
Conversion of securities             $ 48,016,000   $ 28,000 $ 47,988,000 $ 5,092,000 $ 10,000 $ 5,082,000
Common stock issued in recapitalization (in shares)     3,367,988                    
Common stock issued in recapitalization 36,093,000   $ 34,000 36,059,000                  
Stock based compensation 324,000     324,000                  
Reclassification of warrant liability to equity 1,511,000     1,511,000                  
Common stock warrants issued in connection with the research and development funding liability 876,000     876,000                  
Unrealized loss on available-for-sale marketable securities (11,000)       (11,000)                
Net income (loss) $ (4,781,000)         (4,781,000)              
Ending Balance (in shares) at Sep. 30, 2019 7,810,680   7,810,680                    
Ending Balance at Sep. 30, 2019 $ 18,225,000   $ 78,000 $ 92,276,000 $ (11,000) $ (74,118,000)              
Increase (Decrease) in Temporary Equity [Roll Forward]                          
Shares converted (in shares)               (1,256,466)          
Shares converted               $ (48,016,000)          
Accretion of redeemable convertible preferred stock to redemption value   $ 82,000                      
Ending Balance (in shares) at Sep. 30, 2019 0 0                      
Ending Balance at Sep. 30, 2019 $ 0 $ 0