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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 24,065 $ 21,304
Prepaid expenses and other current assets 824 1,118
Total current assets 24,889 22,422
Long-term assets    
Property and equipment, net 28 33
Operating lease right-of-use assets 279 421
Intangible assets, net 11,665 12,637
Other long-term assets   40
Total assets 36,861 35,553
Current liabilities    
Accounts payable 2,406 3,254
Accrued compensation 932 728
Accrued clinical trial site costs 3,156 3,420
Operating lease liabilities 337 282
Other current liabilities 415 323
Total current liabilities 7,246 8,007
Long-term liabilities    
Contingent liability for Essentialis purchase price 9,305 9,547
Long-term lease liabilities   175
Total liabilities 16,553 17,760
Commitments and contingencies (Note 6)
Stockholders’ equity    
Common stock, $0.001 par value, 250,000,000 shares authorized, 120,088,816 and 79,864,310 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively. 120 80
Additional paid-in-capital 245,993 231,068
Accumulated deficit (225,804) (213,355)
Accumulated other comprehensive loss (1)  
Total stockholders’ equity 20,308 17,793
Total liabilities and stockholders’ equity 36,861 35,553
2018 PIPE Warrant Liability [Member]    
Long-term liabilities    
Warrant liability $ 2 $ 31