| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Dec'18 | ||
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | ||||||
190,645 | 208,929 | 54,144 | 10,495 | 8,904 | ||
Short-term investments | ||||||
192,846 | 180,468 | 107,461 | 64,804 | 4,983 | ||
Deferred offering costs | ||||||
- | - | - | 2,032 | - | ||
Prepaid expenses and other current assets | ||||||
3,177 | 3,309 | 2,323 | 1,717 | 1,709 | ||
Total current assets | ||||||
386,668 | 392,706 | 163,928 | 79,048 | 15,596 | ||
Restricted cash | ||||||
157 | 123 | 123 | 123 | 123 | ||
Property and equipment, net | ||||||
371 | 195 | 176 | 186 | 138 | ||
Right-of-use lease assets - operating, net | ||||||
2,522 | - | - | - | - | ||
Total assets | ||||||
389,718 | 393,024 | 164,227 | 79,357 | 15,857 | ||
Liabilities and Stockholders’ Equity (Deficit) | ||||||
Current liabilities: | ||||||
Accounts payable (includes $0 and $51 at March 31, 2020 and December 31, 2019, respectively, due to related parties) | ||||||
603 | 547 | 158 | 960 | 269 | ||
Accrued expenses | ||||||
1,425 | 2,353 | 1,319 | 1,260 | 538 | ||
Current portion of deferred lease obligation | ||||||
- | 58 | 56 | 55 | - | ||
Current portion of operating lease liability | ||||||
624 | - | - | - | - | ||
Derivative liability | ||||||
- | - | - | - | 389 | ||
Derivative liability | ||||||
- | - | 0 | - | - | ||
Total current liabilities | ||||||
2,652 | 2,958 | 1,533 | 2,275 | 1,196 | ||
Non-current convertible notes, net of discount | ||||||
- | - | - | - | 2,516 | ||
Deferred lease obligation, net of current portion | ||||||
- | 150 | 164 | 179 | 102 | ||
Operating lease liability, net of current portion | ||||||
2,125 | - | - | - | - | ||
Total liabilities | ||||||
4,777 | 3,108 | 1,697 | 2,454 | 3,814 | ||
Redeemable convertible preferred stock, (Series Seed, A and B) $0.0001 par value; 0 and 7,539,200 shares authorized and outstanding at December 31, 2019 and 2018, respectively | ||||||
- | - | - | - | 41,965 | ||
Stockholders’ equity: | ||||||
Common stock, $0.0001 par value; 150,000,000 shares authorized at March 31, 2020 and December 31, 2019; 26,094,892 and 26,012,754 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively | ||||||
3 | 3 | 2 | - | - | ||
Additional paid-in capital | ||||||
467,537 | 465,420 | 230,216 | 11,640 | 1,633 | ||
Accumulated deficit | ||||||
-84,170 | -75,512 | -67,738 | -58,700 | -31,555 | ||
Accumulated other comprehensive income | ||||||
1,571 | 5 | - | - | - | ||
Accumulated other comprehensive income | ||||||
- | - | 50 | 71 | - | ||
Total stockholders’ equity | ||||||
384,941 | 389,916 | 162,530 | -46,989 | -29,922 | ||
Total liabilities, redeemable convertible preferred stock and stockholders’ equity | ||||||
389,718 | 393,024 | 164,227 | 79,357 | 15,857 | ||
Series Seed Redeemable Convertible Preferred Stock | ||||||
Redeemable convertible preferred stock | ||||||
- | - | - | 1 | - | ||
Series A Redeemable Convertible Preferred Stock | ||||||
Redeemable convertible preferred stock | ||||||
- | - | - | 41,964 | - | ||
Series B Redeemable Convertible Preferred Stock | ||||||
Redeemable convertible preferred stock | ||||||
- | - | - | 81,927 | - | ||