v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 18,304 $ 32,011
Short term investments 17,779 11,303
Accounts receivable 0 2,550
Prepaid expenses and other current assets 288 6,580
Total current assets 36,371 52,444
Property and equipment, net 462 99
Investments 0 3,518
Intangible assets, net 3,552 5,507
Deferred income taxes 7,267 2,811
Right of use assets 2,227  
Other assets, non-current 214 214
Total Assets 50,093 64,593
Current Liabilities:    
Accounts payable 4,481 4,394
Accounts payable, related parties 88 163
Accrued expenses 260 394
Lease liability 522  
Other liabilities, current 2,000 1,500
Total current liabilities 7,351 6,451
Lease liability, non-current 1,786  
Other liabilities, non-current 1,799 3,463
Total Liabilities 10,936 9,914
Commitments and contingencies (Note 7)
Stockholders’ Equity    
Preferred stock - $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding at December 31, 2019 and 2018 0 0
Common stock - $0.0001 par value; 80,000,000 shares authorized; 27,650,926 and 27,568,656 shares issued and outstanding at December 31, 2019 and 2018 3 3
Additional paid-in capital 29,502 28,534
Retained earnings 9,652 26,142
Total Stockholders’ Equity 39,157 54,679
Total Liabilities and Stockholders’ Equity $ 50,093 $ 64,593

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