Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.19.2
Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 82,634 $ 16,469
Short-term investments (certificates of deposit)   17,604
Other receivables - related party 128 0
Prepaid expenses and other current assets 660 1,052
Total current assets 83,422 35,125
Property, plant and equipment, net 6,513 6,465
Fixed assets - construction in process 699 393
Restricted cash 500 500
Other assets 250 271
Operating lease right-of-use asset, net 1,241 0
Total Assets 92,625 42,754
Current Liabilities:    
Accounts payable and accrued expenses 5,452 5,381
Payables and accrued expenses - related party 759 236
Operating lease liabilities - short-term 157 0
Total current liabilities 6,368 5,617
Deferred rent payable 0 741
Notes payable 12,951 0
Operating lease liabilities - long-term 1,862 0
Total Liabilities 21,181 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 June 30, 2019 and December 31, 2018 0 0
Common Stock, Value, Issued 4 3
Common stock issuable, 0 and 709,314 shares as of June 30, 2019 and December 31, 2018, respectively 0 2,085
Additional paid-in capital 170,522 113,378
Accumulated deficit (99,082) (79,070)
Total Stockholders' Equity 71,444 36,396
Total Liabilities and Stockholders' Equity 92,625 42,754
Class A Common Shares    
Stockholders' Equity    
Common Stock, Value, Issued 0 0
Total Stockholders' Equity $ 0 $ 0