v3.21.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 75,338 $ 16,862
Other current assets 565 698
Total current assets 75,903 17,560
Property and equipment, net 2,245 1,883
Operating lease right-of-use asset 851 946
Restricted cash 435 435
Intangible assets 152 164
Other assets 25 18
Total assets 79,611 21,006
Current liabilities    
Accounts payable 698 630
Accrued liabilities 710 495
Contract liabilities 7,286 7,765
Current portion of long-term debt 699 431
Current portion of operating lease liability 680 676
Current portion of finance lease obligations 28 31
Total current liabilities 10,101 10,028
Long-term debt, net of current portion 886 1,151
Operating lease liability, net of current portion 624 774
Finance lease obligations, net of current portion 39 44
Total liabilities 11,650 11,997
Commitments and contingencies (Note 8)  
Shareholders' equity    
Preferred stock, par value $0.001; 25,000 shares authorized; 0 and 0 shares issued and outstanding 0 0
Common stock, par value $0.001; 210,000 shares authorized; 157,952 and 152,926 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively 158 153
Additional paid-in capital 660,267 601,224
Subscriptions receivable 0 (6,135)
Accumulated deficit (592,464) (586,233)
Total shareholders' equity 67,961 9,009
Total liabilities and shareholders' equity 79,611 21,006
Reconciliation of cash, cash equivalents, and restricted cash balances    
Cash and cash equivalents 75,338 16,862
Restricted cash 435 435
Cash, cash equivalents, and restricted cash $ 75,773 $ 17,297

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