Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.6.0.2
Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 10,495 $ 7,706
Marketable securities 6,499 33,774
Prepaid expenses 1,369 608
Other current assets 165 186
Total current assets 18,528 42,274
Property and equipment, net 77 64
Other assets 754 741
Total assets 19,359 43,079
Current liabilities:    
Accounts payable 899 1,008
Accrued liabilities 4,501 3,336
Warrant liability 1,145 1,220
Facility loan 2,700 509
Accrued interest payable 66 73
Total current liabilities 9,311 6,146
Facility loan, less current portion 6,098 8,799
Other liabilities 13 19
Total liabilities 15,422 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 December 31, 2016 and December 31, 2015, respectively 2 2
Additional paid-in capital 426,895 424,422
Accumulated other comprehensive loss (1) (21)
Accumulated deficit (422,959) (396,288)
Total stockholders' equity 3,937 28,115
Total liabilities and stockholders' equity $ 19,359 $ 43,079