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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 29,859 $ 13,526
Accounts receivable 2,663 3,619
Prepaid expenses and other current assets 1,143 453
Total current assets 33,665 17,598
Property and equipment, net 191 210
Right-of-use assets, net 1,910 1,990
Intangible assets, net 16,660 17,093
Other long-term assets 138 141
Total assets 52,564 37,032
Current liabilities:    
Accounts payable 793 852
Current portion of operating lease liability 855 841
Liability related to sale of future royalties, current portion 1,513 2,916
Other accrued liabilities 4,280 4,565
Total current liabilities 7,441 9,174
Operating lease liability, net of current portion 1,271 1,472
Liability related to sale of future royalties, net of current portion 12,541 13,416
Other long-term liabilities 18 18
Total liabilities 21,271 24,080
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock: $0.10 par value; 5,000,000 shares authorized; none issued and outstanding as of March 31, 2020 and December 31, 2019
Common stock: $0.10 par value; 100,000,000 shares authorized; 72,004,720 and 48,254,994 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 7,200 4,825
Additional paid-in capital 142,051 124,788
Accumulated deficit (117,958) (116,661)
Total stockholders’ equity 31,293 12,952
Total liabilities and stockholders’ equity $ 52,564 $ 37,032