Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.21.2
Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents  $ 125,135 $ 16,862
Inventory 1,182
Other current assets 2,780 698
Total current assets 129,097 17,560
Property and equipment, net 2,780 1,883
Operating lease right-of-use asset 652 946
Restricted cash 435 435
Intangible assets, net 127 164
Other assets 974 18
Total assets 134,065 21,006
Current liabilities    
Accounts payable 1,394 630
Accrued liabilities 885 495
Contract liabilities 5,822 7,765
Other current liabilities  1,884
Current portion of long-term debt 685 431
Current portion of operating lease liability 691 676
Current portion of finance lease obligations 23 31
Total current liabilities 11,384 10,028
Long-term debt, net of current portion 1,151
Operating lease liability, net of current portion 307 774
Finance lease obligations, net of current portion 27 44
Total liabilities 11,718 11,997
Shareholders' equity    
Preferred stock, par value $0.001; 25,000 shares authorized; no and     no shares issued and outstanding
Common stock, par value $0.001; 210,000 shares authorized;     164,104 and 152,926 shares issued and outstanding at September 30,     2021 and December 31, 2020, respectively 164 153
Additional paid-in capital 738,991 601,224
Subscriptions receivable (6,135)
Accumulated deficit (616,808) (586,233)
Total shareholders' equity 122,347 9,009
Total liabilities and shareholders' equity $ 134,065 $ 21,006