Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.8.0.1
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed
The acquisition price was allocated to the assets acquired and liabilities assumed based upon their estimated fair values and the information available to management. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the acquisition date (in thousands):
                                             
Cash
 
$

Property and equipment
 
8

Intangibles
 
11,148

Total assets acquired
 
$
11,156

Liability assumed (HPI)
 
(3,874
)
Other liabilities assumed, including $470 of notes payable
 
(1,224
)
Net assets acquired/total consideration transferred
 
$
6,057

Schedule of Intangible Assets
Intangible assets consisted of the following at December 31, 2017 and December 31, 2016 (in thousands):
 
 
December 31, 2017
 
December 31, 2016
Intangibles acquired from Moleculin, LLC
 
$
11,148

 
$
11,148

Schedule of Pro Forma Results of Operations
This information has been compiled from historical financial statements and is not necessarily indicative of the results that actually would have been achieved had the transaction already occurred or that may be achieved in the future (amounts in thousands except share data).
 
 
Pro Forma For the Year Ended December 31, 2016
Total operating expenses
 
$
3,979

Net loss
 
$
(3,963
)
Net loss per common share – basic and diluted
 
$
0.42

Weighted average outstanding common shares – basic and diluted
 
9,401,028