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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 11,911 $ 17,515
Prepaid expenses and other current assets 265 513
Total current assets 12,176 18,028
Property and equipment, net of accumulated depreciation of $1,817 and $1,486, respectively 1,544 1,489
Other assets 61 65
Total assets 13,781 19,582
Current liabilities:    
Accounts payable 601 440
Related party payable 1,731 942
Accrued expenses 1,018 1,551
Warrant liability, current 117 54
Total current liabilities 3,467 2,987
Convertible promissory notes, net of debt discount of $18,003 and $18,088, respectively (see Note 4) 0 0
Accrued interest payable 780 228
Warrant liability, long term 10,618 5,980
Derivative liability 1,442 1,735
Deferred rent 800 791
Total liabilities 17,107 11,721
Stockholders’ equity (deficit):    
Preferred stock, $0.001 par value; 5,000,000 shares authorized: Series A nonredeemable convertible preferred stock; 8,000 shares designated, 8,000 shares issued and outstanding as of September 30, 2017; no shares designated, issued or outstanding as of December 31, 2016; aggregate liquidation preference of $8,182 at September 30, 2017 0 0
Common stock, $0.001 par value; 150,000,000 shares authorized, 14,719,987 and 14,688,135 shares issued and outstanding, respectively 15 15
Additional paid-in capital 178,362 170,409
Accumulated deficit (181,703) (162,563)
Total stockholders’ equity (deficit) (3,326) 7,861
Total liabilities and stockholders’ equity $ 13,781 $ 19,582