Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.8.0.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 17,755 $ 34,975
Short-term investments (certificates of deposit) 37,002 26,002
Interest receivable on short-term investments (certificates of deposit) 203 106
Prepaid expenses 666 278
Total current assets 55,626 61,361
Property, plant and equipment, net 133 140
Fixed assets - construction in process 4,237 1,241
Restricted cash 500 500
Other assets 594 251
Total Assets 61,090 63,493
Current Liabilities:    
Accounts payable and accrued expenses 5,007 3,474
Payables and accrued expenses - related party 316 137
Total current liabilities 5,323 3,611
Deferred rent payable 125 50
Total Liabilities 5,448 3,661
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 March 31, 2018 and December 31, 2017 0 0
Common Stock, Value, Issued 3 3
Common stock issuable, 0 and 834,756 shares as of March 31, 2018 and December 31, 2017, respectively 0 9,558
Additional paid-in capital 110,328 98,679
Accumulated deficit (54,689) (48,408)
Total Stockholders' Equity 55,642 59,832
Total Liabilities and Stockholders' Equity 61,090 63,493
Common Class A [Member]    
Stockholders' Equity    
Common Stock, Value, Issued 0 0
Total Stockholders' Equity $ 0 $ 0