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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 53,125 $ 91,028
Restricted cash, current 0 2,788
Accounts receivable, interest and other receivables 125 303
Prepaid expenses and other current assets 1,243 884
Assets held for sale 0 16,851
Total current assets 54,493 111,854
Operating lease right-of-use assets 1,296 1,042
Property and equipment, net 2,861 2,529
Restricted cash, non-current 1,501 0
Other assets 342 825
Total assets 60,493 116,250
Current liabilities:    
Accounts payable 1,463 2,643
Accrued expenses and other current liabilities 6,677 9,770
Warrant derivative liability 23,683 52,184
Private placement option liability 26,339 12,094
Current portion of long-term debt 9,585 11,000
Current portion of lease liabilities 781 454
Liabilities Held-For-Sale, Not Part Of Disposal Group, Current 0 6,273
Total current liabilities 68,528 94,418
Long-term debt, net of deferred issuance costs 17,682 25,717
Long-term lease liabilities 1,005 864
Total liabilities 87,215 120,999
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 September 30, 2020 and December 31, 2019, respectively, 5,127,525 shares issued and 5,059,779 shares outstanding at September 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 September 30, 2020 and December 31, 2019 (5,056) (5,056)
Additional paid-in capital 516,858 511,684
Accumulated other comprehensive loss (353) (327)
Accumulated deficit (559,530) (533,025)
Total stockholders’ deficit (48,030) (26,217)
Total liabilities, preferred stock and stockholders' deficit $ 60,493 $ 116,250