Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 6,830 $ 21,030
Marketable debt securities 21,933 28,592
Restricted cash – security deposit 50 50
Prepaid expenses and other current assets 5,719 1,321
Total current assets 34,532 50,993
Non-current assets:    
Leasehold improvements and equipment - net 2,091 1,538
Operating lease right-of-use assets - net 3,613 4,219
Finance lease right-of-use assets - net 30 23
In-process research and development 3,017 3,017
Goodwill 1,336 1,336
Restricted cash - security deposit 200 200
Total non-current assets 10,287 10,333
Total assets 44,819 61,326
Current liabilities:    
Accounts payable 618 937
Accrued expenses and other liabilities 3,099 2,851
Operating lease liabilities - current 562 539
Financing lease liabilities - current 7 21
Total current liabilities 4,286 4,348
Non-current liabilities:    
Deferred tax liability 341 341
Operating lease liabilities - net of current portion 3,533 4,140
Financing lease liabilities - net of current portion 22 3
Total non-current liabilities 3,896 4,484
Total liabilities 8,182 8,832
Stockholders’ equity:    
Common stock par value $0.0001 per share, 500,000,000 shares authorized at December 31, 2022 and 2021, respectively; 217,264,526 and 216,269,450 issued and outstanding as of December 31, 2022 and 2021, respectively 22 22
Additional paid-in capital 190,070 184,251
Accumulated deficit (152,631) (131,634)
Accumulated other comprehensive loss (824) (145)
Total stockholders’ equity 36,637 52,494
Total liabilities and stockholders’ equity $ 44,819 $ 61,326