| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 |
|---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current assets | |||||||||
Cash and cash equivalents | |||||||||
80,079 | 32,426 | 40,252 | 29,965 | 36,296 | 42,565 | 47,122 | 50,349 | 55,465 | 887 |
Prepaid expenses and other current assets | |||||||||
3,519 | 1,681 | 1,109 | 1,500 | 1,783 | 491 | 467 | 669 | 808 | 3 |
Due from Parent | |||||||||
- | - | - | 46 | - | 115 | 49 | 70 | 44 | - |
Total current assets | |||||||||
83,598 | 34,107 | 41,361 | 31,511 | 38,079 | 43,171 | 47,638 | 51,088 | 56,317 | 890 |
Deferred offering costs | |||||||||
- | - | - | 378 | - | - | - | - | - | - |
Deferred offering expenses | |||||||||
- | - | - | - | - | - | - | - | - | 461 |
Property and equipment, net | |||||||||
1,010 | 1,041 | 1,086 | 1,092 | 905 | 327 | 177 | 122 | 4 | 4 |
Operating lease right-of-use asset | |||||||||
1,153 | 1,193 | 1,199 | 1,246 | 1,293 | - | - | - | - | - |
Other assets | |||||||||
51 | 51 | 51 | 51 | 51 | 51 | 51 | - | - | - |
Total assets | |||||||||
85,812 | 36,392 | 43,697 | 34,278 | 40,328 | 43,549 | 47,866 | 51,210 | 56,321 | 1,355 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | |||||||||
Current liabilities | |||||||||
Accounts payable | |||||||||
6,733 | 4,953 | 4,238 | 3,979 | 2,128 | 1,604 | 1,213 | 889 | 3,935 | 444 |
Accrued expenses | |||||||||
3,600 | 3,120 | 3,387 | 3,371 | 3,348 | 3,056 | 830 | 500 | 267 | 1,015 |
Due to related party | |||||||||
- | - | - | - | - | - | - | - | 13 | - |
Payable to Parent for services | |||||||||
- | - | - | - | - | - | - | - | - | 67 |
Note payable to Parent | |||||||||
- | - | - | - | - | - | - | - | - | 371 |
Due to Parent | |||||||||
- | 64 | 59 | - | 392 | - | - | - | - | 440 |
Other current liabilities | |||||||||
1,932 | 331 | 522 | 659 | 939 | - | - | - | - | - |
Total current liabilities | |||||||||
12,265 | 8,468 | 8,206 | 8,009 | 6,807 | 4,660 | 2,043 | 1,389 | 4,215 | 2,337 |
Operating lease liability | |||||||||
961 | 1,029 | 1,071 | 1,112 | 1,153 | - | - | - | - | - |
Total liabilities | |||||||||
13,226 | 9,497 | 9,277 | 9,121 | 7,960 | 4,660 | 2,043 | 1,389 | 4,215 | 2,337 |
Commitments and contingencies | |||||||||
- | - | - | - | - | - | - | 0 | 0 | - |
Stockholders' equity | |||||||||
Preferred stock, $0.001 par value, 10,000,000 shares authorized; no shares issued or outstanding | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - |
Common stock, $0.001 par value, 50,000,000 shares authorized; 20,182,382 and 18,087,382 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively | |||||||||
20 | 18 | 18 | 16 | 16 | 16 | 16 | 16 | 16 | 10 |
Additional paid-in-capital | |||||||||
144,165 | 83,565 | 82,815 | 64,536 | 63,276 | 62,593 | 62,452 | 61,563 | 60,822 | 3,458 |
Accumulated deficit | |||||||||
-71,599 | -56,688 | -48,413 | -39,395 | -30,924 | -23,720 | -16,645 | -11,758 | -8,732 | -4,450 |
Total stockholders' equity | |||||||||
72,586 | 26,895 | 34,420 | 25,157 | 32,368 | 38,889 | 45,823 | 49,821 | 52,106 | -982 |
Total liabilities and stockholders' equity | |||||||||
85,812 | 36,392 | 43,697 | 34,278 | 40,328 | 43,549 | 47,866 | 51,210 | 56,321 | 1,355 |