Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.20.2
Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 108,679 $ 136,204
Short-term investments 8,062  
Prepaid expenses and other current assets 2,477 4,348
Total current assets 119,218 140,552
Property and equipment, net 980 815
Long-term investments 1,333  
Other assets 239 101
Total assets 121,770 141,468
Current liabilities:    
Accounts payable 953 920
Accrued and other current liabilities 3,312 2,227
Total current liabilities 4,265 3,147
Commitments and Contingencies (see Note 5)
Stockholders’ equity:    
Preferred stock, $0.00001 par value: 10,000,000 shares authorized as of September 30, 2020 and December 31, 2019, respectively; no shares issued or outstanding at September 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 September 30, 2020 and December 31, 2019, respectively; 24,055,467 (19,379,852 voting shares and 4,675,615 non-voting shares) shares issued and outstanding at September 30, 2020 and 24,034,022 (17,624,503 voting shares and 6,409,519 non-voting shares) issued and outstanding at December 31, 2019, respectively 0 0
Additional paid-in capital 174,482 171,280
Accumulated other comprehensive income 12  
Accumulated deficit (56,989) (32,959)
Total stockholders’ equity 117,505 138,321
Total liabilities and stockholders’ equity $ 121,770 $ 141,468