Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash $ 55,022 $ 11,249
Prepaid expenses and other 2,605 2,699
Total current assets 57,627 13,948
Property and equipment, net 37 34
Right-of-use assets, net 441 356
Security Deposit 20  
Restricted cash 100 100
Intangible Asset 120 120
Total assets 58,345 14,558
Current liabilities:    
Accounts payable 3,189 3,070
Accrued expenses and other current liabilities 1,143 1,713
Lease liability, current 346 352
Total current liabilities 4,678 5,135
Lease liability, net of current portion 95 6
Total liabilities 4,773 5,141
Commitments (See Note 12)  
Stockholders' equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized Series B Convertible Preferred stock, $0.001 par value; 5,313 shares designated; 0 issued and outstanding as of June 30, 2020, Series A Convertible Preferred stock, $0.001 par value; 7,938 shares designated; 0 issued and outstanding as of December 31, 2019  
Common stock, $0.001 par value; 150,000,000 shares authorized; 104,803,906 and 8,531,504 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively, and 1,578 shares to be issued as of December 31, 2019 105 9
Additional paid in capital 292,058 226,524
Accumulated deficit (238,522) (217,070)
Accumulated other comprehensive loss (69) (46)
Total stockholders' equity 53,572 9,417
Total liabilities and stockholders' equity $ 58,345 $ 14,558