v3.21.2

CONDENSED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 21,748	$ 31,557
Restricted cash	200	200
Total cash	21,948	31,757
Inventory	431	353
Prepaid expenses and other current assets	615	141
Total current assets	22,994	32,251
Property and equipment, net of accumulated depreciation	2,258	1,413
Intangible and other assets	318	137
Total assets	25,570	33,801
Current liabilities:
Accounts payable	671	1,008
Accrued and other current liabilities	3,531	1,812
Total current liabilities	4,202	2,820
Commitments and contingencies (Note 4)
Stockholders’ equity:
Common stock, $0.001 par value, 100,000,000 authorized, 21,596,544 shares issued and outstanding at September 30, 2021 and 21,189,943 shares issued and outstanding at December 31, 2020	22	21
Additional paid-in capital	105,267	101,544
Accumulated deficit	(83,921)	(70,584)
Total stockholders’ equity	21,368	30,981
Total liabilities and stockholders’ equity	$ 25,570	$ 33,801

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Soliton, Inc. 10-Q