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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 1,803 $ 4,319
Prepaid expenses and other current assets 256 1,060
Total current assets 2,059 5,379
Property and equipment, net 150 183
Restricted cash 9 150
Operating lease right-of-use assets 1,239 1,444
Intangible assets 25,250 25,250
Total assets 28,707 32,406
Current Liabilities:    
Accounts payable 2,969 809
Accrued expenses 2,128 1,618
Operating lease liabilities - current portion 457 436
Senior secured notes payable 391 0
Loans payable 0 233
Other current liabilities 725 900
Total current liabilities 8,775 3,996
Operating lease liabilities - non-current portion 912 1,161
Restructured debt liability - contingent milestone payments 0 15,000
Other liabilities 3,800 3,800
Deferred tax liabilities 4,772 5,058
Total liabilities 18,259 29,015
Mezzanine Equity:    
Series B redeemable preferred stock, $0.001 par value; 5,500 and 0 shares authorized; 5,500 and 0 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 6,954 0
Stockholders’ Equity:    
Preferred stock, $0.001 par value; 4,994,500 and 5,000,000 shares authorized; 0 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 0 0
Common stock, $0.001 par value; 120,000,000 shares authorized; 591,910 and 333,145 shares issued at June 30, 2024 and December 31, 2023, respectively; 591,909 and 333,144 shares outstanding at June 30, 2024 and December 31, 2023, respectively 1 0
Additional paid-in capital 853,175 851,268
Accumulated deficit (846,628) (844,823)
Treasury stock (at cost); 1 share (3,054) (3,054)
Total stockholders’ equity 3,494 3,391
Total liabilities, mezzanine equity & stockholders’ equity 28,707 32,406
Series B Preferred Stock [Member]    
Mezzanine Equity:    
Series B redeemable preferred stock, $0.001 par value; 5,500 and 0 shares authorized; 5,500 and 0 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 6,954 0
Embedded Derivative Financial Instruments, Convertible Notes [Member]    
Current Liabilities:    
Derivative liability - senior convertible notes 202 0
Embedded Derivative Financial Instruments, Convertible Promissory Note [Member]    
Current Liabilities:    
Derivative liability - senior convertible notes 286 0
Senior Convertible Notes [Member]    
Current Liabilities:    
Convertible notes payable, current 1,311 0
June 2024 Commitment Note [Member]    
Current Liabilities:    
Convertible notes payable, current $ 306 $ 0