Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

v3.20.1
BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 8,745 $ 2,671
Deferred financing costs 0 1,702
Prepaid expenses and other current assets 170 152
Total Assets 8,915 4,525
Current Liabilities:    
Accounts payable and accrued expenses 1,101 4,669
Accounts payable and accrued expenses - related party 14 487
Licenses payable 1,000 0
Total current liabilities 2,115 5,156
Total Liabilities 2,115 5,156
Commitments and Contingencies
Stockholders' Equity (Deficit)    
Common Stock ($0.0001 par value), 50,000,000 shares authorized Common shares, 16,682,190 and 10,667,714 shares issued and outstanding as of December 31, 2019 and 2018, respectively 2 1
Additional paid-in capital 74,915 41,577
Accumulated deficit (68,117) (42,209)
Total Stockholders' Equity (Deficit) 6,800 (631)
Total Liabilities and Stockholders' Equity (Deficit) 8,915 4,525
Series A Preferred Stock [Member]    
Stockholders' Equity (Deficit)    
Preferred Stock ($0.0001 par value), 2,000,000 shares authorized Class A Preferred Stock, 250,000 shares issued and outstanding as of December 31, 2019 and 2018 $ 0 $ 0