Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Statements of Operations

v3.19.2
Unaudited Condensed Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenue $ 57 $ 64 $ 121 $ 129
Operating expenses:        
Research and development 8,474 5,599 18,158 10,925
Selling, general and administrative 2,779 2,123 5,021 4,094
Total operating expenses 11,253 7,722 23,179 15,019
Loss from operations: (11,196) (7,658) (23,058) (14,890)
Other (income) expense:        
Loss on extinguishment of debt 231 0 1,045 0
Amortization of debt issuance costs and discount 373 99 573 212
Interest income (233) (271) (513) (437)
Interest expense 209 397 574 776
Warrant liabilities fair value adjustment (2,049) 2,874 4,473 (680)
Derivative liability fair value adjustment (1,324) 0 2,101 0
Total other (income) expense: (2,793) 3,099 8,253 (129)
Net loss $ (8,403) $ (10,757) $ (31,311) $ (14,761)
Net loss per share - basic and diluted $ (0.16) $ (0.23) $ (0.61) $ (0.37)
Weighted average common shares outstanding - basic and diluted 53,277,660 46,843,524 51,308,557 40,247,917