Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

v3.6.0.2
BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 35,086 $ 50,418
Prepaid expenses and other assets 71 171
Other receivables - related party 821 65
Total current assets 35,978 50,654
Total Assets 35,978 50,654
Current Liabilities:    
Accounts payable and accrued expenses 3,355 1,288
Accounts payable and accrued expenses - related party 318 502
Total current liabilities 3,673 1,790
Note payable, long-term (net of debt discount of $0 and $324 at December 31, 2016 and December 31, 2015, respectively) 0 2,468
Total Liabilities 3,673 4,258
Commitments and Contingencies
Stockholders' Equity    
Common Stock Value 2 1
Common stock issuable,721,699 and 688,755 shares as of December 31, 2016 and December 31, 2015, respectively 3,919 3,024
Additional paid-in capital 64,736 57,262
Accumulated deficit (36,353) (13,892)
Total Stockholders’ Equity 32,305 46,396
Total Liabilities and Stockholders’ Equity 35,978 50,654
Common Class A [Member]    
Stockholders' Equity    
Common Stock Value 1 1
Total Stockholders’ Equity $ 1 $ 1