Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

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Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 112,097 $ 136,204
Short-term investments 7,698  
Prepaid expenses and other current assets 3,676 4,348
Total current assets 123,471 140,552
Property and equipment, net 806 815
Long-term investments 3,383  
Other assets 238 101
Total assets 127,898 141,468
Current liabilities:    
Accounts payable 991 920
Accrued and other current liabilities 2,272 2,227
Total current liabilities 3,263 3,147
Commitments and Contingencies (see Note 5)
Stockholders’ equity:    
Preferred stock, $0.00001 par value: 10,000,000 shares authorized as of June 30, 2020 and December 31, 2019, respectively; no shares issued or outstanding at June 30, 2020 and December 31, 2019, respectively
Voting and non-voting common stock, $0.00001 par value: 150,000,000 (143,590,481 voting shares and 6,409,519 non-voting shares) shares authorized at June 30, 2020 and December 31, 2019, respectively; 24,034,022 (17,624,503 voting shares and 6,409,519 non-voting shares) shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 0 0
Additional paid-in capital 173,220 171,280
Accumulated other comprehensive income 11  
Accumulated deficit (48,596) (32,959)
Total stockholders’ equity 124,635 138,321
Total liabilities and stockholders’ equity $ 127,898 $ 141,468