Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 11,649 $ 10,735
Prepaid expenses and other current assets 2,138 2,749
Total current assets 13,787 13,484
Furniture and equipment, net 271 316
Intangible assets 11,148 11,148
Operating lease right-of-use asset 266 287
Total assets 25,472 25,235
Current liabilities:    
Accounts payable 1,206 2,153
Accrued expenses and other current liabilities 2,029 1,417
Total current liabilities 3,235 3,570
Operating lease liability - long-term, net of current portion 248 276
Warrant liability - long-term 6,697 5,818
Total liabilities 10,180 9,664
Commitments and contingencies (Note 7)
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; 100,000,000 shares authorized as of March 31, 2020 and December 31, 2019, 53,227,700 and 45,727,700 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 53 46
Additional paid-in capital 56,011 55,055
Accumulated other comprehensive income (loss) (2) 31
Accumulated deficit (40,770) (39,561)
Total stockholders’ equity 15,292 15,571
Total liabilities and stockholders’ equity $ 25,472 $ 25,235