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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 44,388 $ 13,526
Accounts receivable 227 3,619
Prepaid expenses and other current assets 1,111 453
Total current assets 45,726 17,598
Property and equipment, net 345 210
Right-of-use assets, net 1,755 1,990
Intangible assets, net 16,227 17,093
Other long-term assets 137 141
Total assets 64,190 37,032
Current liabilities:    
Accounts payable 1,166 852
Current portion of operating lease liability 804 841
Liability related to sale of future royalties, current portion 3,150 2,916
Other accrued liabilities 6,378 4,565
Total current liabilities 11,498 9,174
Operating lease liability, net of current portion 1,120 1,472
Liability related to sale of future royalties, net of current portion 11,319 13,416
Other long-term liabilities 18 18
Total liabilities 23,955 24,080
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock: $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding as of June 30, 2020 and December 31, 2019
Common stock: $0.0001 par value; 150,000,000 shares authorized; 96,140,661 and 48,254,994 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively 10 5
Additional paid-in capital 167,160 129,608
Accumulated deficit (126,935) (116,661)
Total stockholders’ equity 40,235 12,952
Total liabilities and stockholders’ equity $ 64,190 $ 37,032