Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.19.3
Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 72,794 $ 16,469
Short-term investments (certificates of deposit) 0 17,604
Other receivables - related party 55 0
Prepaid expenses and other current assets 1,513 1,052
Total current assets 74,362 35,125
Property, plant and equipment, net 6,486 6,465
Fixed assets - construction in process 1,011 393
Restricted cash 500 500
Other assets 250 271
Operating lease right-of-use asset, net 1,226 0
Total Assets 83,835 42,754
Current Liabilities:    
Accounts payable and accrued expenses 5,770 5,381
Payables and accrued expenses - related party 284 236
Operating lease liabilities - short-term 239 0
Total current liabilities 6,293 5,617
Deferred rent payable 0 741
Notes payable 13,185 0
Operating lease liabilities - long-term 1,909 0
Total Liabilities 21,387 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 September 30, 2019 and December 31, 2018 0 0
Common Stock, Value, Issued 4 3
Common stock issuable, 0 and 709,314 shares as of September 30, 2019 and December 31, 2018, respectively 0 2,085
Additional paid-in capital 171,694 113,378
Accumulated deficit (109,250) (79,070)
Total Stockholders' Equity 62,448 36,396
Total Liabilities and Stockholders' Equity 83,835 42,754
Class A Common Shares    
Stockholders' Equity    
Common Stock, Value, Issued 0 0
Total Stockholders' Equity $ 0 $ 0