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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 25,737 $ 793
Research and development incentive receivable 1,744 3,053
Prepaid expenses and other current assets 177 183
Total current assets 27,658 4,029
Property and equipment, net 135 119
Deferred offering costs   1,402
Deferred tax asset 158  
Other assets 1,111 907
Total assets 29,062 6,457
Current liabilities:    
Accounts payable 2,622 3,225
Accrued expenses 3,461 2,658
Notes payable and accrued interest - related party   30,274
Total current liabilities 6,083 36,157
Non current liabilities:    
Warrant liability 11,862  
Total liabilities 17,945 36,157
Commitments and contingencies (Note 13)
Stockholders' equity (deficiency):    
Common stock, $0.001 par value; 100,000,000 and 58,500,000 shares authorized as of December 31, 2017 and 2016, respectively; 12,354,014 and 0 shares outstanding as of December 31, 2017 and 2016, respectively 12  
Additional paid-in capital 141,770 145
Accumulated other comprehensive income (loss) (268) 294
Accumulated deficit (130,397) (100,670)
Total stockholders' equity (deficiency) 11,117 (100,231)
Total liabilities, convertible preferred stock and stockholders' equity $ 29,062 6,457
Series A Redeemable Convertible Preferred Stock    
Non current liabilities:    
Convertible preferred stock   11,800
Series B Convertible Preferred Stock    
Non current liabilities:    
Convertible preferred stock   28,189
Series C Convertible Preferred Stock    
Non current liabilities:    
Convertible preferred stock   $ 30,542