Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash $ 43,870 $ 8,202
Prepaid expenses and other 946 429
Total current assets 44,816 8,631
Furniture and equipment, net 71 45
Restricted cash 133 60
Security deposit 45 0
Total assets 45,065 8,736
Current liabilities:    
Accounts payable, including $92 and $46 to related parties as of June 30, 2014 and December 31, 2013, respectively 1,518 765
Accrued expenses, including $3 and $491 to related parties as of June 30, 2014 and December 31, 2013, respectively 573 1,166
Promissory notes, related party 280 280
Total current liabilities 2,371 2,211
Deferred rent payable 30 13
Total liabilities 2,401 2,224
Commitments (See Note 7)      
Stockholders' equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized, none issued or outstanding 0 0
Common stock, $0.001 par value; 150,000,000 shares authorized; 9,933,106 and 5,823,081 shares issued and outstanding as of June 30, 2014 and December 31, 2013, respectively and 11,002 shares to be issued as of December 31, 2013 10 6
Additional paid in capital 80,586 33,235
Accumulated deficit (37,936) (26,728)
Accumulated other comprehensive income (loss) 4 (1)
Total stockholders' equity 42,664 6,512
Total liabilities and stockholders' equity $ 45,065 $ 8,736