Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations

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Condensed Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Condensed Statements of Operations        
Revenue - related party $ 42 $ 1,051 $ 1,014 $ 1,403
Operating expenses:        
Research and development 3,029 4,120 5,664 8,701
General and administrative 1,687 1,758 3,365 3,461
Total operating expenses 4,716 5,878 9,029 12,162
Loss from operations (4,674) (4,827) (8,015) (10,759)
Other income        
Interest income 29 35 89 77
Total other income 29 35 89 77
Net Loss $ (4,645) $ (4,792) $ (7,926) $ (10,682)
Loss per Share:        
Basic and diluted net loss per common share outstanding $ (0.09) $ (0.15) $ (0.15) $ (0.33)
Basic and diluted weighted average number of common shares outstanding 51,802,451 32,704,590 51,338,963 32,475,465