Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 15,346 $ 24,968
Accounts receivable 4,261 208
Prepaid expenses and other current assets 487 511
TOTAL CURRENT ASSETS 20,094 25,687
PROPERTY AND EQUIPMENT    
Property and equipment 5,370 4,892
Less: Accumulated depreciation and amortization (3,944) (3,309)
PROPERTY AND EQUIPMENT, NET 1,426 1,583
OTHER NONCURRENT ASSETS    
Intangibles, net 2,776 2,119
Restricted cash 55 105
Goodwill 861 911
Operating lease right-of-use assets 1,544 2,012
Finance lease right-of-use asset 170 201
Other assets 50 112
TOTAL OTHER NONCURRENT ASSETS 5,456 5,460
TOTAL ASSETS 26,976 32,730
CURRENT LIABILITIES    
Accounts payable 1,280 982
Accrued expenses 299 449
Accrued salaries and payroll related expenses 2,894 1,970
Deferred revenue, current 1,358 1,721
Operating lease liabilities, current 571 699
Financing lease liabilities, current 40 30
TOTAL CURRENT LIABILITIES 6,442 5,851
LONG-TERM LIABILITIES    
Deferred revenue 3,088 62
Operating lease liabilities, net of current portion 1,209 1,589
Financing lease liability, net of current portion 145 175
TOTAL LIABILITIES 10,884 7,677
Commitments and contingencies
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value, 100,000,000 authorized and 63,182,642 outstanding as of September 30, 2021 and 59,128,356 outstanding as of December 31, 2020 63 59
Preferred stock, $0.001 par value, 3,000,000 authorized and none outstanding as of September 30, 2021 and December 31, 2020 0 0
Additional paid-in capital 193,777 175,813
Accumulated other comprehensive income 34 87
Accumulated deficit (177,782) (150,906)
TOTAL STOCKHOLDERS’ EQUITY 16,092 25,053
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 26,976 $ 32,730