Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 11,722 $ 7,714
Prepaid expenses and other 1,170 588
Total current assets 12,892 8,302
Furniture and equipment, net of accumulated depreciation of $39, and $21, respectively 26 33
Intangible assets 11,148 11,148
Total assets 24,066 19,483
Current liabilities:    
Accounts payable 1,676 810
Accrued expenses and other liabilities 1,839 902
Deferred compensation - related party 150 0
Warrant liability-current 451 503
Total current liabilities 4,116 2,215
Long-term deferred compensation – related party 0 150
Warrant liability - long term 3,202 0
Total liabilities 7,318 2,365
Commitments and contingencies (Note 7) 0 0
Stockholders’ equity    
Preferred stock, $0.001 par value; 5,000,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.001 par value; 75,000,000 shares authorized, 26,861,497 outstanding at June 30, 2018 and 21,469,109 issued and outstanding at December 31, 2017 27 21
Additional paid-in capital 38,247 31,577
Accumulated other comprehensive income 6 0
Accumulated deficit (21,532) (14,480)
Total stockholders’ equity 16,748 17,118
Total liabilities and stockholders’ equity $ 24,066 $ 19,483