Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.5.0.2
Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 12,411 $ 7,706
Marketable securities 16,705 33,774
Accrued interest receivable 19 186
Prepaid expenses 1,029 1,128
Total current assets 30,164 42,794
Property and equipment, net 90 64
Other assets 221 221
Total assets 30,475 43,079
Current liabilities:    
Accounts payable 1,272 1,008
Accrued liabilities 2,897 3,336
Warrant liability 1,259 1,220
Facility loan 2,041 509
Accrued interest payable 73 73
Total current liabilities 7,542 6,146
Facility loan, less current portion 7,496 8,799
Other liabilities 16 19
Total liabilities 15,054 14,964
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.0001 par value: 10,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.0001 par value: 100,000,000 shares authorized; 23,447,003 and 23,447,003 shares issued and outstanding as of June 30, 2016 and December 31, 2015, respectively 2 2
Additional paid-in capital 425,552 424,422
Accumulated other comprehensive loss (5) (21)
Accumulated deficit (410,128) (396,288)
Total stockholders' equity 15,421 28,115
Total liabilities and stockholders' equity $ 30,475 $ 43,079