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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 15,503 $ 23,099
Prepaid expenses and other current assets 471 529
Due from related party 18 64
Minority interest investment in former subsidiary 623 978
Total current assets 16,615 24,670
Long-term assets    
Property and equipment, net 22 12
Intangible assets, net 17,497 18,469
Total assets 34,134 43,151
Current liabilities    
Accounts payable 1,740 934
Accrued compensation and other current liabilities 1,115 943
Total current liabilities 2,855 1,877
Long-term liabilities    
Contingent liability for Essentialis purchase price 6,038 5,649
Total liabilities 20,291 12,738
Commitments and contingencies (Note 6)
Stockholders’ equity    
Common stock 32 32
Additional paid-in-capital 157,881 157,413
Accumulated deficit (144,070) (127,032)
Total stockholders’ equity 13,843 30,413
Total liabilities and stockholders’ equity 34,134 43,151
Series B Convertible Preferred Stock [Member]    
Stockholders’ equity    
Preferred stock
Series A Warrant Liability [Member]    
Long-term liabilities    
Warrant liability 51 49
2017 PIPE Warrant Liability [Member]    
Long-term liabilities    
Warrant liability 10,202 4,563
2018 PIPE Warrant Liability [Member]    
Long-term liabilities    
Warrant liability $ 1,145 $ 600