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
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 55,658 $ 11,249
Prepaid expenses and other 6,360 2,699
Total current assets 62,018 13,948
Property and equipment, net 4,044 34
Right-of-use assets, net 1,196 356
Restricted cash 239 100
Intangible asset 120 120
Total assets 67,617 14,558
Current liabilities:    
Accounts payable 1,770 3,070
Accrued expenses and other current liabilities 2,073 1,713
Lease liability, current 535 352
Total current liabilities 4,378 5,135
Lease liability, net of current portion 671 6
Total liabilities 5,049 5,141
Stockholders' equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized Series B Convertible Preferred stock, 5,313 and 0 shares designated as of September 30, 2020 and December 31, 2019, respectively; Series A Convertible Preferred stock, 0 and 7,938 shares designated as of September 30, 2020 and December 31, 2019, respectively  
Common stock, $0.001 par value; 400,000,000 and 150,000,000 shares authorized as of September 30, 2020 and December 31, 2019, respectively; 140,159,546 and 8,531,504 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 140 9
Additional paid in capital 313,004 226,524
Accumulated deficit (250,512) (217,070)
Accumulated other comprehensive loss (64) (46)
Total stockholders' equity 62,568 9,417
Total liabilities and stockholders' equity $ 67,617 $ 14,558