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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 81,149 $ 31,144
Short-term investments 0 2,522
Prepaid expenses and other current assets 1,490 1,914
Total current assets 82,639 35,580
Property and equipment, net 1,102 1,235
Other assets 4,240 9,465
Total assets 87,981 46,280
Current liabilities:    
Accounts payable 905 0
Accrued expenses 6,565 11,606
Current portion of long-term debt 4,812 4,812
Other current liabilities 2,123 2,070
Total current liabilities 14,405 18,488
Long-term debt, less current portion 3,252 4,455
Other liabilities 4,295 5,407
Total liabilities 21,952 28,350
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.001 par value per share: Authorized shares - 131,500,000 as of March 31, 2020 and December 31, 2019, Issued and outstanding shares - 73,681,593 and 57,979,725 as of March 31, 2020 and December 31, 2019, respectively 74 58
Additional paid-in capital 2,315,810 2,299,186
Accumulated other comprehensive loss (11,993) (11,993)
Accumulated deficit (2,275,749) (2,263,563)
Total CTI stockholders' equity 28,142 23,688
Noncontrolling interest (5,758) (5,758)
Total stockholders' equity 22,384 17,930
Total liabilities, mezzanine equity and stockholders' equity 87,981 46,280
Series X Preferred Stock    
Stockholders' equity:    
Preferred stock 43,645 0
Series O Preferred Stock    
Stockholders' equity:    
Preferred stock $ 0 $ 0