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
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 164,214 $ 77,068
Prepaid expenses and other 8,951 10,921
Total current assets 173,165 87,989
Property and equipment, net 9,070 8,571
Right of use assets, net 921 1,258
Security deposit 5 5
Restricted cash 240 240
Intangible asset 120 120
Total assets 183,521 98,183
Current liabilities:    
Accounts payable 2,859 4,598
Accrued expenses and other current liabilities 2,783 4,626
Lease liability, current 386 595
Total current liabilities 6,028 9,819
Lease liability, net of current 577 716
Total liabilities 6,605 10,535
Commitments (See Note 15)  
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 March 31, 2021 and December 31, 2020, issued and outstanding - None Series A Convertible Preferred stock, $0.001 par value; 7,938 shares designated as of March 31, 2021 and December 31, 2020, issued and outstanding - None  
Common stock, $0.001 par value; 800,000,000 and 400,000,000 shares authorized as of March 31, 2021 and December 31, 2020, respectively; 323,917,731 and 206,008,683 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively, and 54,447 shares to be issued as of December 31, 2020 324 206
Additional paid in capital 464,841 355,037
Accumulated deficit (288,186) (267,533)
Accumulated other comprehensive loss (63) (62)
Total stockholders' equity 176,916 87,648
Total liabilities and stockholders' equity $ 183,521 $ 98,183