Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.19.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 35,600 $ 16,469
Short-term investments (certificates of deposit) 5,044 17,604
Other receivables - related party 111 0
Prepaid expenses and other current assets 857 1,052
Total current assets 41,612 35,125
Property, plant and equipment, net 6,377 6,465
Fixed assets - construction in process 487 393
Restricted cash 500 500
Other assets 261 271
Operating lease right-of-use asset, net 1,248 0
Total Assets 50,485 42,754
Current Liabilities:    
Accounts payable and accrued expenses 6,656 5,381
Payables and accrued expenses - related party 618 236
Operating lease liabilities - short-term 99 0
Total current liabilities 7,373 5,617
Deferred rent payable 0 741
Notes payable 12,725 0
Operating lease liabilities - long-term 1,909 0
Total Liabilities 22,007 6,358
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 March 31, 2019 and December 31, 2018 0 0
Common Stock, Value, Issued 3 3
Common stock issuable, 0 and 709,314 shares as of March 31, 2019 and December 31, 2018, respectively 0 2,085
Additional paid-in capital 117,158 113,378
Accumulated deficit (88,683) (79,070)
Total Stockholders' Equity 28,478 36,396
Total Liabilities and Stockholders' Equity 50,485 42,754
Common Class A [Member]    
Stockholders' Equity    
Common Stock, Value, Issued 0 0
Total Stockholders' Equity $ 0 $ 0