Income Statement

v3.10.0.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenue $ 0 $ 0 $ 0 $ 0
Costs and expenses:        
Research and development 2,054 1,229 6,163 3,674
General and administrative 1,644 1,610 4,704 4,644
Total costs and expenses 3,698 2,839 10,867 8,318
Loss from operations (3,698) (2,839) (10,867) (8,318)
Non-operating expense:        
Interest expense (498) (1,440) (844) (4,637)
Loss on impairment of intangible assets 0 0 (653) 0
Gain (loss) on extinguishment of debt 0 (2,145) 181 (2,145)
Liquidated damages 0 0 (1,112) 0
Change in fair value of derivative instrument 9 95 47 95
Other income, net 55 278 15 265
Total non-operating expense (434) (3,212) (2,366) (6,422)
Net loss before income taxes (4,132) (6,051) (13,233) (14,740)
Income tax expense 0 0 0 0
Net loss (4,132) (6,051) (13,233) (14,740)
Deemed dividend (5,541) 0 (11,140) 0
Net loss attributable to common stockholders $ (9,673) $ (6,051) $ (24,373) $ (14,740)
Basic and diluted net loss per common share $ (0.24) $ (0.53) $ (0.71) $ (1.47)
Weighted average common shares outstanding – basic and diluted: 39,508,791 11,322,894 34,319,963 10,010,496

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