Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
[1]
Current assets    
Cash and cash equivalents $ 5,071 $ 6,939
Short-term investments 9,874
Accounts receivable 31 5
Inventory 81 6
Prepaid expenses and other current assets 862 734
Deferred financing fees 602
Total current assets 15,919 8,286
Fixed assets, net 825 783
Other long-term assets 86 99
Total assets 16,830 9,168
Current liabilities    
Accounts payable and accrued expenses 1,403 1,733
Other current liabilities 69 250
Total current liabilities 1,472 1,983
Contingent royalty obligation 1,821 1,662
Other long-term liabilities 66
Total liabilities 3,359 3,645
Shareholders' equity    
Common Stock $0.0001 par value; 50,000,000 shares authorized; 15,645,755 and 10,493,233 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively 2 1
Additional paid-in capital 64,110 44,643
Accumulated deficit (50,641) (39,121)
Total shareholders' equity 13,471 5,523
Total liabilities and shareholders' equity 16,830 9,168
Series A Convertible Preferred Stock [Member]    
Shareholders' equity    
Preferred stock
Preferred Stock [Member]    
Shareholders' equity    
Preferred stock
[1] Derived from audited consolidate financial statements.