Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

v3.20.1
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 6,574 $ 8,745
Prepaid expenses and other current assets 122 170
Total Assets 6,696 8,915
Current Liabilities:    
Accounts payable and accrued expenses 790 1,101
Accounts payable and accrued expenses - related party 133 14
Licenses payable   1,000
Total current liabilities 923 2,115
Total Liabilities 923 2,115
Commitments and Contingencies
Stockholders' Equity    
Common shares, 16,682,803 and 16,682,190 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 2 2
Additional paid-in capital 75,130 74,915
Accumulated deficit (69,359) (68,117)
Total Stockholders' Equity 5,773 6,800
Total Liabilities and Stockholders' Equity 6,696 8,915
Series A Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock ($0.0001 par value), 2,000,000 shares authorized Class A Preferred Stock, 250,000 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively $ 0 $ 0