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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 5,084 $ 2,501
Accounts receivable 56 0
Prepaid expenses and other current assets 160 138
Investment held-to-maturity 4,747 3,006
TOTAL CURRENT ASSETS 10,047 5,645
PROPERTY AND EQUIPMENT    
Fixed assets 2,269 1,664
Less: Accumulated depreciation and amortization (1,275) (672)
PROPERTY AND EQUIPMENT, NET 994 992
NONCURRENT ASSETS    
Intangible assets, net 1,253 815
Restricted cash 100 100
Goodwill 789 0
Other assets 16 15
TOTAL NONCURRENT ASSETS 2,158 930
TOTAL ASSETS 13,199 7,567
CURRENT LIABILITIES    
Accounts payable 905 518
Accrued expenses 35 60
Accrued salaries and payroll related expenses 1,765 467
Deferred revenue, current 279 0
Deferred rent, current 20 34
TOTAL CURRENT LIABILITIES 3,004 1,079
LONG-TERM LIABILITIES    
Deferred revenue 46 0
Deferred rent 0 20
Deferred income taxes 16 0
TOTAL LIABILITIES 3,066 1,099
Commitments and contingencies (Note 9)
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value, 47,000,000 authorized and 7,241,949 issued and outstanding as of December 31, 2015, and 12,468,647 issued and outstanding as of December 31, 2016 12 7
Preferred stock, $0.001 par value, 3,000,000 authorized and none outstanding as of December 31, 2015 and 2016 0 0
Additional paid-in capital 56,331 37,373
Accumulated other comprehensive loss (51) 0
Accumulated deficit (46,159) (30,912)
TOTAL STOCKHOLDERS’ EQUITY 10,133 6,468
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 13,199 $ 7,567