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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 2,547 $ 4,319
Prepaid expenses and other current assets 792 1,060
Total current assets 3,339 5,379
Property and equipment, net 162 183
Restricted cash 9 150
Operating lease right-of-use assets 1,343 1,444
Intangible assets 25,250 25,250
Total assets 30,103 32,406
Current Liabilities:    
Accounts payable 1,689 809
Accrued expenses 2,125 1,618
Operating lease liabilities - current portion 446 436
Loans payable 0 233
Other current liabilities 725 900
Total current liabilities 4,985 3,996
Operating lease liabilities - non-current portion 1,038 1,161
Restructured debt liability - contingent milestone payments 0 15,000
Other liabilities 3,800 3,800
Deferred tax liabilities 4,859 5,058
Total liabilities 14,682 29,015
Stockholders’ Equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; 0 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 0 0
Common stock, $0.001 par value; 120,000,000 shares authorized; 510,181 and 333,145 shares issued at March 31, 2024 and December 31, 2023, respectively; 510,180 and 333,144 shares outstanding at March 31, 2024 and December 31, 2023, respectively 1 0
Additional paid-in capital 853,078 851,268
Accumulated deficit (834,604) (844,823)
Treasury stock (at cost); 1 share (3,054) (3,054)
Total stockholders’ equity 15,421 3,391
Total liabilities & stockholders’ equity $ 30,103 $ 32,406