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, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 182,970 $ 77,068
Prepaid expenses and other 12,112 10,921
Total current assets 195,082 87,989
Property and equipment, net 18,233 8,571
Right-of-use assets, net 1,068 1,258
Security deposit 31 5
Restricted cash 240 240
Intangible asset 120 120
Total assets 214,774 98,183
Current liabilities:    
Accounts payable 7,964 4,598
Accrued expenses and other current liabilities 3,479 4,626
Lease liability, current 583 595
Total current liabilities 12,026 9,819
Lease liability, net of current portion 530 716
Total liabilities 12,556 10,535
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 as of September 30, 2021 and December 31, 2020, 0 issued and outstanding Series A Convertible Preferred stock, $0.001 par value, 7,938 shares designated as of September 30, 2021 and December 31, 2020, 0 issued and outstanding
Common stock, $0.001 par value; 800,000,000 and 400,000,000 shares authorized as of September 30, 2021 and December 31, 2020, respectively; 403,673,156 and 206,008,683 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 404 206
Additional paid in capital 532,162 355,037
Accumulated deficit (330,267) (267,533)
Accumulated other comprehensive loss (81) (62)
Total stockholders’ equity 202,218 87,648
Total liabilities and stockholders’ equity $ 214,774 $ 98,183