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CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenue:        
License revenue $ 131 $ 261
Product Sales 17 34
Total revenue 17 131 34 261
Cost of goods sold 11 27
Gross profit 6 131 7 261
Operating expenses:        
Research and development 721 829 2,517 1,964
General and administrative 2,235 1,932 7,506 5,259
Total operating expenses 2,956 2,761 10,023 7,223
Net operating loss (2,950) (2,630) (10,016) (6,962)
Other income (expense):        
Interest income 9 20
Interest expense (33) (6) (54) (49)
Interest expense, related parties (9) (1) (43)
Loss on extinguishment of unsecured promissory note (59) (171)
Other income (expense) 37 76 51
Total other income (expense) 13 (74) 41 (212)
Net loss (2,937) (2,704) (9,975) (7,174)
Series A convertible preferred stock dividends (30) (90)
Net loss and comprehensive loss $ (2,937) $ (2,734) $ (9,975) $ (7,264)
Weighted average common shares outstanding - basic and fully diluted (in shares) 10,334,211 7,306,234 10,234,211 5,774,738
Net loss per common share - basic and fully diluted (in dollars per shares) $ (0.28) $ (0.37) $ (0.97) $ (1.26)