Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 19,253 $ 25,496
Prepaid expenses and other 1,429 947
Total current assets 20,682 26,443
Property and equipment, net 78 91
Restricted cash 89 89
Intangible asset 120 120
Security deposits 11 11
Total assets 20,980 26,754
Current liabilities:    
Accounts payable 1,264 1,296
Accrued expenses 1,100 830
Total current liabilities 2,364 2,126
Deferred rent payable 5 12
Total liabilities 2,369 2,138
Stockholders' equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized, none issued or outstanding
Common stock, $0.001 par value; 150,000,000 shares authorized; 8,010,790 and 7,830,040 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively 8 8
Additional paid in capital 187,914 186,983
Accumulated deficit (169,298) (162,363)
Accumulated other comprehensive loss (13) (12)
Total stockholders' equity 18,611 24,616
Total liabilities and stockholders' equity $ 20,980 $ 26,754