Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 61,644,000 $ 33,010,000
Restricted cash 50,000 50,000
Accounts receivable 556,000
Prepaid expenses and other current assets 747,000 399,000
Total current assets 62,441,000 34,015,000
Property and equipment, net 493,000 591,000
Deposits 46,000 46,000
Operating lease right-of-use assets, net (including $167 and $37, respectively, to related party) 526,000 498,000
Goodwill 19,092,000 19,092,000
Total assets 82,598,000 54,242,000
Current liabilities:    
Accounts payable and accrued expenses 961,000 1,080,000
Current maturities of finance lease liabilities 29,000 39,000
Current maturities of operating lease liabilities (including $167 and $39, respectively, to related party) 204,000 178,000
Derivative liabilities 34,000 61,000
Total current liabilities 1,228,000 1,358,000
Long-term liabilities:    
Finance lease liabilities 14,000 34,000
Operating lease liabilities 344,000 345,000
Total long-term liabilities 358,000 379,000
Total liabilities 1,586,000 1,737,000
Commitments and contingencies (note 9)
Stockholders’ equity:    
Common stock, $0.001 par value; 150,000 and 100,000 shares authorized; 97,469 and 70,439 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 98,000 71,000
Additional paid-in capital 336,322,000 297,342,000
Accumulated deficit (255,408,000) (244,908,000)
Total stockholders’ equity 81,012,000 52,505,000
Total liabilities and stockholders’ equity $ 82,598,000 $ 54,242,000