XML 15 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 66,408 $ 91,028
Restricted cash, current 87 2,788
Accounts receivable, interest and other receivables 127 303
Prepaid expenses and other current assets 1,528 884
Assets held for sale 0 16,851
Total current assets 68,150 111,854
Operating lease right-of-use assets 869 1,042
Property and equipment, net 1,615 2,529
Restricted cash, non-current 1,500 0
Other assets 341 825
Total assets 72,475 116,250
Current liabilities:    
Accounts payable 2,486 2,643
Accrued expenses and other current liabilities 7,108 9,770
Warrant derivative liability 28,183 52,184
Private placement option liability 33,970 12,094
Current portion of long-term debt 6,390 11,000
Current portion of lease liabilities 491 454
Liabilities Held-For-Sale, Not Part Of Disposal Group, Current 0 6,273
Total current liabilities 78,628 94,418
Long-term debt, net of deferred issuance costs 20,715 25,717
Long-term lease liabilities 609 864
Total liabilities 99,952 120,999
Commitments and contingencies
Preferred stock: $0.01 par value; 10,000,000 shares authorized 21,308 21,468
Stockholders’ deficit:    
Common stock, $0.01 par value; 80,000,000 and 40,000,000 shares authorized at June 30, 2020 and December 31, 2019, respectively, 5,127,525 shares issued and 5,059,779 shares outstanding at June 30, 2020; 5,076,593 shares issued and 5,008,846 shares outstanding at December 31, 2019 51 507
Treasury stock: 67,746 shares held at June 30, 2020 and December 31, 2019 (5,056) (5,056)
Additional paid-in capital 515,252 511,684
Accumulated other comprehensive loss (389) (327)
Accumulated deficit (558,643) (533,025)
Total stockholders’ deficit (48,785) (26,217)
Total liabilities, preferred stock and stockholders' deficit $ 72,475 $ 116,250