Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

v3.8.0.1
BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 34,975 $ 27,499
Short-term investments (certificates of deposit) 26,002 0
Interest receivable on short-term investments (certificates of deposit) 106 0
Prepaid expenses 278 0
Total current assets 61,361 27,499
Property, plant and equipment, net 140 0
Fixed assets - construction in process 1,241 0
Restricted cash 500 0
Other assets 251 0
Total Assets 63,493 27,499
Current Liabilities:    
Accounts payable and accrued expenses 3,474 683
Common shares issuable liability 0 1,682
Payables and accrued expenses - related party 137 445
Accrued interest - related party 0 413
Total Current Liabilities 3,611 3,223
Deferred Rent Payable 50 0
Total Liabilities 3,661 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 December 31, 2017 and 2016 0 0
Common Stock, Value, Issued 3 2
Common stock issuable, 834,756 and 767,264 shares as of December 31, 2017 and 2016, respectively 9,558 4,396
Additional paid-in capital 98,679 36,998
Accumulated deficit (48,408) (17,120)
Total Stockholders’ Equity 59,832 24,276
Total Liabilities and Stockholders’ Equity 63,493 27,499
Common Class A [Member]    
Stockholders' Equity    
Common Stock, Value, Issued 0 0
Total Stockholders’ Equity $ 0 $ 0