Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 2,089	$ 3,606
Marketable investments	14,306
Prepaid expenses and other current assets	268	44
Deferred offering costs		347
Total current assets	16,663	3,997
Equipment, net of accumulated depreciation	317	329
Intangible assets, net of accumulated amortization	6,543	7,208
Goodwill	2,791	2,791
Total assets	26,314	14,325
Current liabilities:
Accounts payable	265	262
Accrued expenses	751	398
Total current liabilities	1,016	660
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.001 par value; authorized - 5,000 shares; issued and outstanding - none
Common stock, $0.001 par value: authorized – 45,000 shares; issued and outstanding – 13,315 shares and 7,565 shares at September 30, 2016 and December 31, 2015, respectively	13	8
Additional paid-in-capital	37,898	16,745
Accumulated other comprehensive loss	(7)
Accumulated deficit	(12,606)	(3,088)
Total stockholders' equity	25,298	13,665
Total liabilities and stockholders' equity	$ 26,314	$ 14,325

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).