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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 4,543 $ 6,767
Restricted cash 31 21
Other current assets 258 99
Total current assets 4,832 6,887
Property and equipment, at cost, net of accumulated depreciation of $77 and $51 371 41
In-process research and development acquired 27,500 27,500
Intangible assets, net 3,111 3,415
Other assets 370 21
Total assets 36,184 37,864
Current liabilities    
Accounts payable 2,439 1,243
Accrued expenses 2,660 4,133
Due to related parties 0 30
Derivative financial instruments, warrants 84 0
Notes and loans payable, current portion, net of debt discount 997 2,011
Obligations under capital lease, current portion 106 0
Total current liabilities 6,286 7,417
Grants payable 0 469
Notes and loans payable, net of current portion 2,886 1,564
Obligations under capital lease, net of current portion and debt discount 91 0
Series D preferred stock derivative liability 6,529 0
Deferred tax liability 10,870 10,870
Total liabilities 26,662 20,320
Series D Preferred Stock, net of discount, par value $0.0001, 12,000 shares authorized, 1,263 shares issued and 963 shares outstanding as of December 31, 2015 and 0 shares issued and outstanding as of December 31, 2014 $ 1,659 $ 0
Commitments and contingencies
Stockholders' Equity    
Series C Preferred Stock, par value $0.0001; 15,000 shares authorized, 2,832 shares issued and 0 shares outstanding as of December 31, 2015, and 2,832 shares issued and outstanding, as of December 31, 2014 $ 0 $ 821
Common stock, $0.0001 par value; authorized 225,000,000 shares; 28,907,278 and 23,975,358 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively 3 2
Additional paid-in capital 70,846 62,550
Accumulated deficit (62,986) (45,829)
Total stockholders' equity 7,863 17,544
Total liabilities and stockholders' equity $ 36,184 $ 37,864