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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities    
Net loss $ (22,949) $ (3,389)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 9 5
Noncash interest expense 685  
Stock-based compensation 512 50
Issuance of common stock in connection with a license agreement 3,172  
Change in fair value of obligation to issue shares to Eiccose 204  
Change in fair value of warrant liability 165  
Change in assets and liabilities:    
Prepaid expenses and other current assets (253) (192)
Other non-current assets (91) (21)
Accounts payable (701) 309
Accrued and other liabilities (284) 67
Net cash used in operating activities (19,531) (3,171)
Investing activities    
Cash received from merger transaction 28,018  
Purchase of property and equipment (20) (23)
Net cash provided by (used in) investing activities 27,998 (23)
Financing activities    
Proceeds from issuance of common stock upon private placement, net of issuance cost 32,108  
Proceeds from issuance of common stock upon options exercises 39  
Proceeds from issuance of common stock upon warrants exercises 7  
Proceeds from issuance of preferred stock, net of issuance costs   7,201
Net cash provided by financing activities 32,154 7,201
Net increase in cash and cash equivalents 40,621 4,007
Cash and cash equivalents at beginning of period 4,778 777
Cash and cash equivalents at end of period 45,399 $ 4,784
Noncash activities:    
Conversion of warrant liability to common stock upon private placement 1,050  
Issuance of common stock in connection with a license agreement 3,172  
Proceeds from issuance of common stock upon private placement, net of issuance cost 32,108  
Non-cash net liabilities assumed in reverse merger 671  
Conversion of convertible promissory note to common stock upon private placement 6,129  
Conversion of preferred stock to common stock upon reverse merger 22,567  
Eiccose LLC [Member]    
Financing activities    
Proceeds from issuance of common stock upon private placement, net of issuance cost 1,661  
Noncash activities:    
Proceeds from issuance of common stock upon private placement, net of issuance cost $ 1,661