Balance Sheet

v3.22.2.2
Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 13,657 $ 15,045
Accounts receivable, net   21
Inventories   986
Prepaid expenses and other current assets 1,885 1,037
Total current assets 15,542 17,089
Property and equipment, net   1,809
Operating lease right-of-use assets 1,893 2,110
Other long-term assets 36 36
TOTAL ASSETS 17,471 21,044
Current Liabilities    
Accounts payable 460 988
Accrued expenses 2,447 4,119
Current portion of operating lease liability 308 283
Total current liabilities 3,215 5,390
Operating lease liability 1,746 1,981
Total liabilities 4,961 7,371
Commitments and contingencies (Note 12)
Stockholders’ Equity    
Preferred stock, $0.0001 par value; 10,000 shares authorized; no shares issued
Common stock, $0.0001 par value; 300,000 shares authorized; 1,423 and 140 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively
Additional paid-in capital 209,488 191,945
Accumulated deficit (196,978) (178,272)
Total stockholders’ equity 12,510 13,673
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 17,471 $ 21,044

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