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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 41,142 $ 38,501
Marketable securities 501
Funds receivable from New Jersey net operating loss 1,090
Accounts receivable, net 28 34
Prepaid expenses and other current assets 155 184
Total current assets 41,325 40,310
Property and equipment, net 6,145 6,473
Right of use asset, net 157 179
Patent and trademark rights, net 1,783 1,498
Marketable securities, long term 16,135 15,376
Other assets 1,177 748
Total assets 66,722 64,584
Current liabilities:    
Accounts payable 451 383
Accrued expenses 373 442
Current portion of operating lease liability 52 47
Current portion of financing obligation 230
Total current liabilities 876 1,102
Long-term liabilities:    
Operating lease liability 105 132
Financing obligation arising from sale leaseback transaction (Note 13) 1,876
Redeemable warrants 209 180
Commitments and contingencies (Notes 11, 12, 13, and 14)
Stockholders’ equity:    
Series B Convertible Preferred Stock, stated value $1,000 per share, 725 shares designated, 732 shares issued and outstanding 725 732
Common Stock, par value $0.001 per share, authorized 350,000,000 shares: issued and outstanding 47,832,997 and 42,154,371, respectively 48 42
Additional paid-in capital 416,435 402,541
Accumulated other comprehensive loss (247) (47)
Accumulated deficit (351,429) (341,974)
Total stockholders’ equity 65,532 61,294
Total liabilities and stockholders’ equity $ 66,722 $ 64,584