Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

v3.19.1
BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 2,671 $ 11,782
Short-term investments 0 10,000
Deferred financing costs 1,702 0
Prepaid expenses and other current assets 152 388
Total Assets 4,525 22,170
Current Liabilities:    
Accounts payable and accrued expenses 4,669 2,737
Accounts payable and accrued expenses - related party 487 53
Total current liabilities 5,156 2,790
Total Liabilities 5,156 2,790
Commitments and Contingencies
Stockholders' Equity (Deficit)    
Common Stock ($0.0001 par value), 50,000,000 shares authorized Common shares; 10,667,714 and 10,265,083 shares issued and outstanding as of December 31, 2018 and 2017, respectively 1 1
Common stock issuable, 0 and 273,837 shares as of December 31, 2018 and 2017, respectively 0 1,103
Additional paid-in capital 41,577 38,937
Accumulated deficit (42,209) (20,661)
Total Stockholders' Equity (Deficit) (631) 19,380
Total Liabilities and Stockholders' Equity (Deficit) 4,525 22,170
Series A Preferred Stock [Member]    
Stockholders' Equity (Deficit)    
Preferred Stock ($0.0001 par value), 2,000,000 shares authorized Class A Preferred Stock, 250,000 shares issued and outstanding as of December 31, 2018 and 2017, respectively $ 0 $ 0