Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Convertible Preferred Stock and Stockholders' (Deficit) Equity (Unaudited)

v3.20.2
Condensed Statements of Convertible Preferred Stock and Stockholders' (Deficit) Equity (Unaudited) - USD ($)
$ in Thousands
Total
Convertible Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income
Accumulated Deficit
Beginning balance at Dec. 31, 2018   $ 43,921        
Beginning balance, Shares at Dec. 31, 2018   12,393,047        
Beginning balance at Dec. 31, 2018 $ (10,690)     $ 1,762   $ (12,452)
Beginning balance, Shares at Dec. 31, 2018     3,848,320      
Issuance of convertible preferred stock, net of issuance costs   $ 48,707        
Issuance of convertible preferred stock, net of issuance cost, Shares   6,963,788        
Exchange of convertible preferred stock, including deemed dividend (5,326) $ 5,326   (2,258)   (3,068)
Stock-based compensation 496     496    
Net loss (3,532)         (3,532)
Ending balance at Mar. 31, 2019   $ 97,954        
Ending balance, Shares at Mar. 31, 2019   19,356,835        
Ending balance at Mar. 31, 2019 (19,052)         (19,052)
Ending balance, Shares at Mar. 31, 2019     3,848,320      
Beginning balance at Dec. 31, 2018   $ 43,921        
Beginning balance, Shares at Dec. 31, 2018   12,393,047        
Beginning balance at Dec. 31, 2018 (10,690)     1,762   (12,452)
Beginning balance, Shares at Dec. 31, 2018     3,848,320      
Net loss (11,540)          
Ending balance at Sep. 30, 2019   $ 97,954        
Ending balance, Shares at Sep. 30, 2019   19,356,835        
Ending balance at Sep. 30, 2019 (26,075)     1,481   (27,556)
Ending balance, Shares at Sep. 30, 2019     3,848,320      
Beginning balance at Mar. 31, 2019   $ 97,954        
Beginning balance, Shares at Mar. 31, 2019   19,356,835        
Beginning balance at Mar. 31, 2019 (19,052)         (19,052)
Beginning balance, Shares at Mar. 31, 2019     3,848,320      
Exchange of convertible preferred stock, including deemed dividend       (416)   416
Stock-based compensation 416     416    
Net loss (3,358)         (3,358)
Ending balance at Jun. 30, 2019   $ 97,954        
Ending balance, Shares at Jun. 30, 2019   19,356,835        
Ending balance at Jun. 30, 2019 (21,994)         (21,994)
Ending balance, Shares at Jun. 30, 2019     3,848,320      
Reclassification (See Note 1)       912   (912)
Stock-based compensation 569     569    
Net loss (4,650)         (4,650)
Ending balance at Sep. 30, 2019   $ 97,954        
Ending balance, Shares at Sep. 30, 2019   19,356,835        
Ending balance at Sep. 30, 2019 (26,075)     1,481   (27,556)
Ending balance, Shares at Sep. 30, 2019     3,848,320      
Beginning balance, Shares at Dec. 31, 2019   0        
Beginning balance at Dec. 31, 2019 $ 138,321     171,280   (32,959)
Beginning balance, Shares at Dec. 31, 2019 24,034,022   24,034,022      
Stock-based compensation $ 873     873    
Net loss (7,485)         (7,485)
Ending balance at Mar. 31, 2020 131,709     172,153   (40,444)
Ending balance, Shares at Mar. 31, 2020     24,034,022      
Beginning balance, Shares at Dec. 31, 2019   0        
Beginning balance at Dec. 31, 2019 $ 138,321     171,280   (32,959)
Beginning balance, Shares at Dec. 31, 2019 24,034,022   24,034,022      
Net loss $ (24,030)          
Ending balance, Shares at Sep. 30, 2020   0        
Ending balance at Sep. 30, 2020 $ 117,505     174,482 $ 12 (56,989)
Ending balance, Shares at Sep. 30, 2020 24,055,467   24,055,467      
Beginning balance at Mar. 31, 2020 $ 131,709     172,153   (40,444)
Beginning balance, Shares at Mar. 31, 2020     24,034,022      
Stock-based compensation 1,067     1,067    
Net unrealized gains on available-for-sale securities 11       11  
Net loss (8,152)         (8,152)
Ending balance at Jun. 30, 2020 124,635     173,220 11 (48,596)
Ending balance, Shares at Jun. 30, 2020     24,034,022      
Stock-based compensation 1,127     1,127    
Issuance of common stock in connection with exercise of stock options 135     135    
Issuance of common stock in connection with exercise of stock options, Shares     21,445      
Net unrealized gains on available-for-sale securities 1       1  
Net loss (8,393)         (8,393)
Ending balance, Shares at Sep. 30, 2020   0        
Ending balance at Sep. 30, 2020 $ 117,505     $ 174,482 $ 12 $ (56,989)
Ending balance, Shares at Sep. 30, 2020 24,055,467   24,055,467