Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

v3.19.1
BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 16,469 $ 34,975
Short-term investments (certificates of deposit) 17,604 26,002
Interest receivable on short-term investments (certificates of deposit) 37 106
Prepaid expenses 1,015 278
Total current assets 35,125 61,361
Property, plant and equipment, net 6,465 140
Fixed assets - construction in process 393 1,241
Restricted cash 500 500
Other assets 271 251
Total Assets 42,754 63,493
Current Liabilities:    
Accounts payable and accrued expenses 5,381 3,474
Payables and accrued expenses - related party 236 137
Total current liabilities 5,617 3,611
Deferred Rent Payable 741 50
Total Liabilities 6,358 3,661
Commitments and Contingencies
Stockholders' Equity    
Preferred stock ($0.0001 par value), 2,000,000 shares authorized, 250,000 shares of Class A preferred stock issued and outstanding as of December 31, 2018 and December 31, 2017 0 0
Common Stock, Value, Issued 3 3
Common stock issuable,709,314 and 834,756 shares as of December 31, 2018 and December 31, 2017, respectively 2,085 9,558
Additional paid-in capital 113,378 98,679
Accumulated deficit (79,070) (48,408)
Total Stockholders' Equity 36,396 59,832
Total Liabilities and Stockholders' Equity 42,754 63,493
Common Class A [Member]    
Stockholders' Equity    
Common Stock, Value, Issued 0 0
Total Stockholders' Equity $ 0 $ 0