Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.19.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 32,011 $ 41,169
Short term investments 11,303 0
Accounts receivable 2,550 2,606
Prepaid expenses and other current assets 6,580 765
Total current assets 52,444 44,540
Property and equipment, net 99 140
Investments 3,518 2,618
Intangible assets, net 5,507 7,748
Deferred income taxes 2,811 6,201
Other assets, non-current 214 0
Total Assets 64,593 61,247
Current Liabilities:    
Accounts payable 4,394 4,646
Accounts payable, related parties 163 112
Accrued expenses 394 1,303
Accrued income taxes 0 13
Warrant liability 0 1,096
Other liabilities, current 1,500 1,086
Total current liabilities 6,451 8,256
Other liabilities, non-current 3,463 5,500
Total Liabilities 9,914 13,756
Commitments and contingencies (Note 7)
Stockholders’ Equity    
Preferred stock - $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding (which excludes 0 and 153,000 shares of Redeemable Preferred Stock at December 31, 2018 and 2017, respectively) at December 31, 2018 and 2017 0 0
Common stock - $0.0001 par value; 80,000,000 shares authorized; 27,568,656 and 27,707,328 shares issued and outstanding at December 31, 2018 and 2017 3 3
Additional paid-in capital 28,534 22,968
Retained earnings 26,142 5,555
Total Stockholders’ Equity 54,679 28,526
Total Liabilities and Stockholders’ Equity 64,593 61,247
Series A-1 Preferred Stock    
Redeemable Preferred Stock    
Redeemable Preferred Stock $ 0 $ 18,965