Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

v3.21.1
BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 97,804 $ 61,413
Other receivables - related party 15 19
Prepaid expenses and other current assets 1,715 1,631
Total current assets 99,534 63,063
Property, plant and equipment, net 7,529 6,779
Fixed assets - construction in process 499 1,157
Restricted cash 1,000 1,000
Other assets 250 250
Operating lease right-of-use asset, net 1,088 1,196
Total Assets 109,900 73,445
Current Liabilities:    
Accounts payable and accrued expenses 8,747 5,668
Payables and accrued expenses - related party 490 596
Short-term notes payable 0 1,250
Operating lease liabilities - short-term 278 257
Total current liabilities 9,515 7,771
Notes payable 0 12,179
Operating lease liabilities - long-term 1,950 1,843
Total Liabilities 11,465 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 December 31, 2020 and December 31, 2019, respectively 0 0
Common Stock ($0.0001 par value) 7 4
Common stock issuable, 2,103,122 and 1,206,667 shares as of December 31, 2020 and December 31, 2019, respectively 7,939 4,923
Additional paid-in capital 275,963 172,184
Accumulated deficit (185,474) (125,459)
Total Stockholders' Equity 98,435 51,652
Total Liabilities and Stockholders' Equity 109,900 73,445
Class A Common Shares [Member]    
Stockholders' Equity    
Common Stock ($0.0001 par value) $ 0 $ 0