Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

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CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 33,209 $ 27,499
Short-term investments (certificates of deposit) - held to maturity 34,088 0
Prepaid expenses 414 0
Interest receivables 35 0
Total current assets 67,746 27,499
Property and equipment 139 0
Total Assets 67,885 27,499
Current Liabilities:    
Accounts payable and accrued expenses 2,723 683
Common shares issuable liability 0 1,682
Payables and accrued expenses - related party 69 445
Accrued interest - related party 0 413
Total Current Liabilities 2,792 3,223
Commitments and Contingencies
Stockholders' Equity    
Preferred stock ($0.0001 par value), 2,000,000 shares authorized, 250,000 shares of Class A preferred stock issued and outstanding as of September 30, 2017 and December 31, 2016, respectively 0 0
Common Stock, Value, Issued 3 2
Common stock issuable, 0 and 767,264 shares as of September 30, 2017 and December 31, 2016, respectively 0 4,396
Additional paid-in capital 97,897 36,998
Accumulated deficit (32,807) (17,120)
Total Stockholders' Equity 65,093 24,276
Total Liabilities and Stockholders' Equity 67,885 27,499
Common Class A [Member]    
Stockholders' Equity    
Common Stock, Value, Issued 0 0
Total Stockholders' Equity $ 0 $ 0