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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 19,558 $ 11,506
Accounts receivable 559 1,796
Prepaid expenses and other current assets 1,137 1,343
Total current assets 21,254 14,645
Property and equipment, net 1,469 1,066
Right-of-use assets, net 2,301
Intangible assets, net 17,526 19,413
Other long-term assets 145 103
Total assets 42,695 35,227
Current liabilities:    
Accounts payable 1,049 962
Current portion of secured promissory note payable to Oxford Finance 2,454 1,667
Current portion of operating lease liability 820
Liability related to sale of future royalties, current portion 3,228 3,328
Other accrued liabilities 1,603 1,518
Total current liabilities 9,154 7,475
Operating lease liability, net of current portion 1,694
Long-term portion 12,926 14,413
Secured promissory note payable to Oxford Finance, net of current portion 1,944
Other long-term liabilities 18 157
Total liabilities 23,792 23,989
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred Stock: $0.10 par value; 5,000,000 shares authorized; none issued and outstanding as of September 30, 2019 or December 31, 2018
Common Stock: $0.10 par value; 100,000,000 shares authorized; 46,223,594 and 7,141,189 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 4,622 714
Additional paid-in capital 124,533 108,513
Accumulated deficit (110,252) (97,989)
Total stockholders’ equity 18,903 11,238
Total liabilities and stockholders’ equity $ 42,695 $ 35,227