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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 20,733,000 $ 23,099,000
Prepaid expenses and other current assets 411,000 529,000
Due from related party   64,000
Minority interest investment in former subsidiary   978,000
Total current assets 21,144,000 24,670,000
Long-term assets    
Property and equipment, net 22,000 12,000
Operating lease right-of-use assets 398,000  
Finance lease right-of-use assets 24,000  
Intangible assets, net 16,525,000 18,469,000
Other long-term assets 59,000  
Total assets 38,172,000 43,151,000
Current liabilities    
Accounts payable 1,995,000 934,000
Accrued compensation 283,000 274,000
Accrued clinical trial site costs 1,999,000 320,000
Operating lease liabilities 305,000  
Other current liabilities 382,000 349,000
Total current liabilities 4,964,000 1,877,000
Long-term liabilities    
Contingent liability for Essentialis purchase price 5,938,000 5,649,000
Other long-term liabilities 147,000  
Total liabilities 23,225,000 12,738,000
Commitments and contingencies (Note 8)
Stockholders’ equity    
Common stock 45,000 32,000
Additional paid-in-capital 172,708,000 157,413,000
Accumulated deficit (157,806,000) (127,032,000)
Total stockholders’ equity 14,947,000 30,413,000
Total liabilities and stockholders’ equity 38,172,000 43,151,000
Series B Convertible Preferred Stock [Member]    
Stockholders’ equity    
Preferred stock
Series A Warrant Liability [Member]    
Long-term liabilities    
Warrant liability   49,000
2017 PIPE Warrant Liability [Member]    
Long-term liabilities    
Warrant liability 10,822,000 4,563,000
2018 PIPE Warrant Liability [Member]    
Long-term liabilities    
Warrant liability $ 1,354,000 $ 600,000