Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

v3.7.0.1
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash $ 75,010 $ 27,499
Prepaid Expense, Current 15 0
Total current assets 75,025 27,499
Total Assets 75,025 27,499
Current Liabilities:    
Accounts payable and accrued expenses 766 683
Common shares issuable liability 0 1,682
Accrued expenses - related party 15 125
Accrued interest - related party 2 413
Notes payable - related party 28 320
Total current liabilities 811 3,223
Total Liabilities 811 3,223
Commitments and Contingencies (Note 6)
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, 2017 and December 31, 2016, respectively 0 0
Common Stock, Value, Issued 3 2
Common stock issuable, 0 and 767,264 shares as of March 31, 2017 and December 31, 2016, respectively 0 4,396
Additional paid-in capital 94,549 36,998
Accumulated deficit (20,338) (17,120)
Total Stockholders’ Equity 74,214 24,276
Total Liabilities and Stockholders’ Equity 75,025 27,499
Common Class A [Member]    
Stockholders' Equity    
Common Stock, Value, Issued 0 0
Total Stockholders’ Equity $ 0 $ 0