Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands |
Jun. 30, 2018 |
Dec. 31, 2017 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 10,209
|
$ 21,834
|
| Prepaid expenses and other current assets |
2,027
|
594
|
| Total assets |
12,236
|
22,428
|
| Current liabilities: |
|
|
| Accounts payable |
887
|
459
|
| Accrued expenses |
806
|
819
|
| Total current liabilities |
1,693
|
1,278
|
| Warrant liability |
1,301
|
998
|
| Total liabilities |
2,994
|
2,276
|
| Commitments and Contingencies (Note 4) |
|
|
| Series A Convertible Redeemable Preferred Stock, $0.0001 Par Value: Series A Convertible Redeemable Preferred Stock, Authorized shares: 13,000,000; Issued and outstanding shares: 11,381,999; Liquidation preference of $28,455 |
26,436
|
26,185
|
| Stockholders' deficit: |
|
|
| Common stock, $0.0001 par value; Authorized shares: 50,000,000; Issued and outstanding shares: 10,000,000 |
1
|
1
|
| Additional paid-in capital |
7,505
|
3,264
|
| Accumulated deficit |
(24,700)
|
(9,298)
|
| Total stockholders' deficit |
(17,194)
|
(6,033)
|
| Total liabilities, preferred stock and stockholders' deficit |
$ 12,236
|
$ 22,428
|