XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 73,846,000 $ 70,542,000
Marketable securities 5,192,000 16,784,000
Trade receivables, net 12,943,000 9,811,000
Partnership receivables 831,000 1,790,000
Inventory 1,694,000 1,656,000
Clinical trial retainers 734,000 1,181,000
Other prepaid expenses and other current assets 2,486,000 2,972,000
Total current assets 97,726,000 104,736,000
Property and equipment, net 259,000 276,000
Operating lease right-of-use asset 130,000 178,000
Other assets 100,000 151,000
Total assets 98,215,000 105,341,000
Current liabilities:    
Accounts payable 3,014,000 2,712,000
Accrued clinical trial costs and contract research 6,772,000 5,046,000
Accrued compensation and benefits 3,469,000 4,963,000
Other accrued liabilities 7,041,000 5,421,000
Operating lease liability 8,000 11,000
Deferred revenue 0 578,000
Total current liabilities 20,304,000 18,731,000
Loans payable, net of discount 38,189,000 37,960,000
Other liabilities, non-current (Note 6) 2,780,000 2,780,000
Total liabilities 61,273,000 59,471,000
Stockholders’ equity:    
Preferred stock, $.001 par value: 5,000 shares authorized at March 31, 2022 and December 31, 2021; no shares issued and outstanding at each of March 31, 2022 and December 31, 2021 0 0
Common stock, $.001 par value: 50,000 shares authorized at March 31, 2022 and December 31, 2021; 34,475 shares issued and outstanding at March 31, 2022 and December 31, 2021 34,000 34,000
Additional paid-in capital 721,653,000 720,386,000
Accumulated other comprehensive gain/(loss) 1,000 (3,000)
Accumulated deficit (684,746,000) (674,547,000)
Total stockholders’ equity 36,942,000 45,870,000
Total liabilities and stockholders’ equity $ 98,215,000 $ 105,341,000