v3.20.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 18,706 $ 18,304
Short term investments 13,302 17,779
Accounts receivable 570 0
Prepaid expenses and other current assets 3,445 288
Total current assets 36,023 36,371
Property and equipment, net 437 462
Intangible assets, net 3,064 3,552
Deferred income taxes 4,042 7,267
Right of use assets 2,095 2,227
Other assets, non-current 214 214
Total Assets 45,875 50,093
Current liabilities:    
Accounts payable 4,044 4,481
Accounts payable - related parties 13 88
Accrued expenses 522 260
Lease liability 566 522
Other liabilities, current 2,000 2,000
Total current liabilities 7,145 7,351
Lease liability, non-current 1,611 1,786
Other liabilities, non-current 1,865 1,799
Total Liabilities 10,621 10,936
Commitments and contingencies (Note 3)
Stockholders' equity    
Preferred stock - $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding at March 31, 2020 and December 31, 2019 0 0
Common stock - $0.0001 par value; 80,000,000 shares authorized: 27,685,554 and 27,650,926 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 3 3
Additional paid-in capital 29,788 29,502
Retained earnings 5,463 9,652
Total Stockholders' Equity 35,254 39,157
Total Liabilities and Stockholders' Equity $ 45,875 $ 50,093

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