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Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 14,322,000 $ 21,464,000
Restricted cash 361,000 361,000
Marketable securities 7,525,000 11,577,000
Prepaid expenses and other current assets 657,000 451,000
Total current assets 22,865,000 33,853,000
Property, equipment and leasehold improvements, net 305,000 510,000
Other assets 409,000 421,000
Total assets 23,579,000 34,784,000
Current liabilities:    
Accounts payable 878,000 1,011,000
Loan payable, current portion 437,000 423,000
Derivative warrant liability 519,000 1,314,000
Deferred rent, current portion 154,000 141,000
Accrued expenses 1,893,000 1,959,000
Total current liabilities 3,881,000 4,848,000
Loan payable, net of current portion 630,000 852,000
Deferred rent, net of current portion 54,000 135,000
Other liabilities 45,000  
Total liabilities 4,610,000 5,835,000
Commitments and contingencies (Note 6)
Stockholders' equity:    
Common stock, $0.00001 par value, authorized 100,000,000 shares; 32,175,179 shares issued and outstanding at June 30, 2017; 32,044,087 shares issued and outstanding at December 31, 2016 1,000 1,000
Accumulated other comprehensive loss (1,000)  
Additional paid-in capital 188,862,000 185,955,000
Accumulated deficit (169,893,000) (157,007,000)
Total stockholders' equity 18,969,000 28,949,000
Total liabilities and stockholders' equity $ 23,579,000 $ 34,784,000