Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENT OF STOCKHOLDERS’ EQUITY

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CONDENSED STATEMENT OF STOCKHOLDERS’ EQUITY - 3 months ended Mar. 31, 2018 - USD ($)
$ in Thousands
Total
Class A Preferred [Member]
Common Stock [Member]
Common Stock issuable [Member]
Additional Paid-in Capital [Member]
Accumulated deficit [Member]
Balance at Dec. 31, 2017 $ 19,380 $ 0 $ 1 $ 1,103 $ 38,937 $ (20,661)
Balance (Shares) at Dec. 31, 2017   250,000 10,265,083 273,837    
Issuance of common shares - Founders Agreement 0 $ 0 $ 0 $ (1,103) 1,103 0
Issuance of common shares - Founders Agreement (in shares)   0 273,837 (273,837)    
Exercise of warrants under the NSC Note 0 $ 0 $ 0 $ 0 0 0
Exercise of warrants under the NSC Note (in shares)   0 13,125 0    
Share based compensation 350 $ 0 $ 0 $ 0 350 0
Share based compensation (in shares)   0 0 0    
Net loss (10,377) $ 0 $ 0 $ 0 0 (10,377)
Balance at Mar. 31, 2018 $ 9,353 $ 0 $ 1 $ 0 $ 40,390 $ (31,038)
Balance (Shares) at Mar. 31, 2018   250,000 10,552,045 0