Annual report pursuant to Section 13 and 15(d)

Balance Sheets

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Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 101,429 $ 136,204
Short-term investments 7,233  
Prepaid expenses and other current assets 4,873 4,348
Total current assets 113,535 140,552
Property, plant and equipment, net 890 815
Other assets 299 101
Total Assets 114,724 141,468
Current liabilities:    
Accounts payable 1,243 920
Accrued and other current liabilities 3,937 2,227
Total current liabilities 5,180 3,147
Commitments and contingencies (see Note 7)
Stockholders’ equity:    
Preferred stock, $0.00001 par value: 10,000,000 shares authorized as of December 31, 2020 and 2019, respectively; no shares issued or outstanding at December 31, 2020 and 2019, respectively
Voting and non-voting common stock, $0.00001 par value: 150,000,000 (143,590,481 voting and 6,409,519 non-voting) shares authorized as of December 31, 2020 and 2019, respectively; 24,062,775 (19,387,160 voting and 4,675,615 non-voting) shares issued and outstanding as of December 31, 2020 and 24,034,022 (17,624,503 voting and 6,409,519 non-voting) issued and outstanding as of December 31, 2019, respectively 0 0
Additional paid-in capital 175,836 171,280
Accumulated other comprehensive income 6  
Accumulated deficit (66,298) (32,959)
Total stockholders’ equity 109,544 138,321
Total liabilities and stockholders’ equity $ 114,724 $ 141,468