Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets

v3.20.2
Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 85,361 $ 61,413
Other receivables - related party 25 19
Prepaid expenses and other current assets 886 1,631
Total current assets 86,272 63,063
Property, plant and equipment, net 7,675 6,779
Fixed assets - construction in process 493 1,157
Restricted cash 1,000 1,000
Other assets 250 250
Operating lease right-of-use asset, net 1,140 1,196
Total Assets 96,830 73,445
Current Liabilities:    
Short-term notes payable 5,000 1,250
Accounts payable and accrued expenses 8,996 5,668
Payables and accrued expenses - related party 491 596
Operating lease liabilities - short-term 265 257
Total current liabilities 14,752 7,771
Notes payable 8,959 12,179
Operating lease liabilities - long-term 2,090 1,843
Total Liabilities 25,801 21,793
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 June 30, 2020 and December 31, 2019 respectively 0 0
Common Stock ($0.0001 par value) 5 4
Common stock issuable, 0 and 1,206,667 shares as of June 30, 2020 and December 31, 2019 respectively 0 4,923
Additional paid-in capital 222,938 172,184
Accumulated deficit (151,914) (125,459)
Total Stockholders' Equity 71,029 51,652
Total Liabilities and Stockholders' Equity 96,830 73,445
Class A Common Shares [Member]    
Stockholders' Equity    
Common Stock ($0.0001 par value) $ 0 0
Total Stockholders' Equity   $ 0