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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 51,059,000 $ 29,316,000
Accounts receivable 262,000 586,000
Prepaid expenses and other 1,791,000 1,135,000
Total current assets 57,840,000 31,190,000
Equipment, net 3,002,000 2,206,000
Deposits and other 888,000 197,000
Total assets 61,730,000 33,593,000
Current liabilities:    
Accounts payable 9,163,000 4,469,000
Accrued compensation and related benefits 1,901,000 1,065,000
Accrued clinical trial related costs 1,276,000 1,453,000
Accrued expenses 461,000 425,000
Accrued license fee expense 0 1,900,000
Deferred revenue - Healios 0 250,000
Total current liabilities 15,475,000 10,083,000
Stockholders’ equity:    
Preferred stock, at stated value; 10,000,000 shares authorized, and no shares issued and outstanding at December 31, 2018 and 2017 0 0
Common stock, $0.001 par value; 300,000,000 shares authorized; 144,292,739 and 122,077,453 shares issued and outstanding at December 31, 2018 and 2017, respectively 144,000 122,000
Additional paid-in capital 416,014,000 373,884,000
Accumulated deficit (373,042,000) (350,630,000)
Total stockholders’ equity 43,116,000 23,376,000
Total liabilities and stockholders’ equity 61,730,000 33,593,000
Healios License Agreement    
Current assets:    
Accounts receivable 1,108,000 153,000
Unbilled accounts receivable from Healios 3,620,000 0
Current liabilities:    
Deposit from Healios 2,000,000 0
Deferred revenue - Healios 674,000 521,000
Advance from Healios $ 3,139,000 $ 134,000