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Consolidated Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 22,455,000 $ 9,649,000
Awards receivable 1,125,000 561,000
Prepaid expenses and other current assets 459,000 636,000
Total current assets 24,039,000 10,846,000
Restricted cash 1,200,000 1,200,000
Property and equipment, net 2,115,000 2,047,000
Operating lease right-of-use asset 10,696,000 10,790,000
In-process research and development 10,256,000 10,256,000
Goodwill 3,490,000 3,490,000
Other assets 1,049,000 887,000
Total assets 52,845,000 39,516,000
Current liabilities    
Accounts payable and accrued liabilities 1,756,000 1,929,000
Accrued compensation 893,000 563,000
Deferred asset acquisition consideration   1,940,000
Current portion of operating lease liabilities 1,608,000 1,551,000
PPP Loan 724,000 722,000
Total current liabilities 4,981,000 6,705,000
Operating lease liabilities, net of current portion 10,775,000 10,877,000
Deferred tax liability 3,077,000 3,077,000
Total liabilities 18,833,000 20,659,000
Stockholders' equity    
Common stock, $0.01 par value; 217,000,000 shares authorized; 24,940,442 and 18,688,461 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively 249,000 187,000
Additional paid-in capital 218,960,000 198,372,000
Accumulated deficit (185,197,000) (179,702,000)
Total stockholders' equity 34,012,000 18,857,000
Total liabilities and stockholders' equity $ 52,845,000 $ 39,516,000