v3.25.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 119,279 $ 118,038
Inventory 30 0
Prepaid expenses and other current assets 1,600 1,411
Total current assets 120,909 119,449
Property and equipment, net 1,062 1,160
Intangible assets, net 1,054 1,220
Goodwill 2,791 2,791
Right-of-use assets 6,889 7,163
Other assets 678 677
Total assets 133,383 132,460
Current liabilities:    
Accounts payable 2,370 1,673
Accrued expenses 3,984 7,027
Lease liability, current 1,406 1,355
Total current liabilities 7,760 10,055
Lease liability, less current portion 7,171 7,543
Total liabilities 14,931 17,598
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, $0.001 par value; authorized – 50,000 shares; no shares issued and outstanding 0 0
Common stock, $0.001 par value; authorized – 500,000 shares; issued and outstanding – 67,274 shares and 65,926 shares at March 31, 2025 and December 31, 2024, respectively 67 66
Additional paid-in capital 525,680 505,296
Accumulated other comprehensive income (loss) 0 0
Accumulated deficit (407,295) (390,500)
Total stockholders’ equity 118,452 114,862
Total liabilities and stockholders’ equity $ 133,383 $ 132,460