Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (unaudited)

v3.19.2
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 7,854 $ 18,050 [1]
Investments 3,104 3,043 [1]
Accounts receivable 8 5 [1]
Inventory 93 23 [1]
Prepaid expenses and other current assets 902 930 [1]
Total current assets 11,961 22,051 [1]
Fixed assets, net 920 846 [1]
Right-of-use assets 908 [1]
Other non-current assets 13 57 [1]
Total assets 13,802 22,954 [1]
Current liabilities    
Accounts payable and accrued expenses 2,460 2,140 [1]
Operating lease liabilities - current 298 [1]
Other current liabilities 295 253 [1]
Total current liabilities 3,053 2,393 [1]
Contingent royalty obligation 2,012 1,953 [1]
Operating lease liabilities - non-current 620 [1]
Other non-current liabilities 25 91 [1]
Total liabilities 5,710 4,437 [1]
Shareholders' equity    
Preferred stock [1]
Common Stock $0.0001 par value; 50,000,000 shares authorized; 21,450,877 and 21,440,148 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively 2 2 [1]
Additional paid-in capital 81,422 79,893 [1]
Accumulated deficit (73,332) (61,378)
Total shareholders' equity 8,092 18,517 [1]
Total liabilities and shareholders' equity 13,802 22,954 [1]
Preferred Series A stock [Member]    
Shareholders' equity    
Preferred stock [1]
[1] Derived from audited consolidated financial statements