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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 19,266 $ 35,495
Restricted cash 1,501 1,501
Accounts receivable, interest and other receivables 556 2
Prepaid expenses and other current assets 1,019 802
Assets held for sale 0 1,643
Total current assets 22,342 39,443
Operating lease right-of-use assets 0 645
Property and equipment, net 27 189
Other assets 4 307
Total assets 22,373 40,584
Current liabilities:    
Accounts payable 521 891
Accrued expenses and other current liabilities 5,339 4,165
Warrant derivative liability 7,842 10,345
Private placement option liability 2,800 7,803
Current portion of lease liabilities 0 825
Liabilities held for sale 0 672
Total current liabilities 16,502 24,701
Long-term lease liabilities 0 344
Total liabilities 16,502 25,045
Commitments and contingencies
Redeemable preferred stock: $0.01 par value; 10,000,000 shares authorized, Series 1 redeemable convertible preferred stock, $0.01 par value, 1,517,500 shares authorized at September 30, 2021 and December 31, 2020; 452,000 shares issued and outstanding at September 30, 2021 and December 31, 2020 18,036 18,036
Stockholders’ deficit:    
Common stock, $0.01 par value; 80,000,000 shares authorized at September 30, 2021 and December 31, 2020; 8,465,549 shares issued and 8,397,803 shares outstanding at September 30, 2021; 8,385,650 shares issued and 8,317,904 shares outstanding at December 31, 2020 84 84
Treasury stock: 67,746 shares held at September 30, 2021 and December 31, 2020 (5,056) (5,056)
Additional paid-in capital 546,138 543,561
Accumulated other comprehensive loss (348) (339)
Accumulated deficit (552,983) (540,747)
Total stockholders’ deficit (12,165) (2,497)
Total liabilities, redeemable preferred stock and stockholders' deficit $ 22,373 $ 40,584