Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

v3.7.0.1
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current Assets:    
Cash $ 34,683 $ 197
Prepaid expenses 22 0
Total Assets 34,705 197
Current Liabilities:    
Accounts payable and accrued expenses 826 506
Accrued expenses - related party 167 1,348
Interest payable 56 57
Accrued interest - related party 120 346
Notes payable - related party 3,486 2,848
NSC notes payable, short-term 2,500 1,000
Derivative warrant liability 0 314
Total current liabilities 7,155 6,419
Convertible notes payable, at fair value 0 200
NSC notes payable, long-term (net of debt discount of $106 and $174, respectively) 394 1,826
Total Liabilities 7,549 8,445
Stockholders' Deficit    
Common Stock ($0.0001 par value), 50,000,000 shares authorized Common shares; 10,041,008 and 3,257,936 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 1 1
Common stock issuable, 0 and 83,532 shares as of June 30, 2017 and December 31, 2016, respectively 0 49
Additional paid-in capital 38,625 105
Accumulated deficit (11,470) (8,403)
Total Stockholders' Deficit 27,156 (8,248)
Total Liabilities and Stockholders' Deficit 34,705 197
Series A Preferred Stock [Member]    
Stockholders' Deficit    
Preferred Stock ($0.0001 par value), 2,000,000 shares authorized Class A Preferred Stock, 83,333 shares issued and outstanding as of June 30, 2017 and December 31, 2016 $ 0 $ 0