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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:    
Net loss $ (23,754) $ (17,681)
Adjustment to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense   3
Non-cash research and development expense 258 821
Non-cash interest   1,166
Stock-based compensation 3,169 354
Loss on extinguishment of debt   201
Fair value of shares issued in exchange for research and development 449 1,974
Fair value of shares issued for incentive fee to Equilibria 941  
Deferred income taxes   (41)
Severance costs paid by Galena 1,883  
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 73 (477)
Accounts payable 8,366  
Accrued expenses and other current liabilities (2,374) 1,830
Net cash used in operating activities (10,989) (11,850)
Cash flows from investing activities:    
Net cash acquired from acquisition of Galena 1,812  
Change in restricted cash   (85)
Net cash provided by (used in) investing activities 1,812 (85)
Cash flows from financing activities:    
Net proceeds from issuance of common stock 6,007  
Net proceeds from issuance of convertible debt   15,000
Net proceeds from issuance of long-term debt   1,500
Principal payments on convertible debt (473)  
Net cash provided by financing activities 5,534 16,500
Net decrease (increase) in cash and cash equivalents (3,643) 4,565
Cash and cash equivalents at the beginning of period 5,962 1,397
Cash and cash equivalents at end of period 2,319 $ 5,962
Supplemental disclosure of non-cash investing and financing activities:    
Shares issued in connection with acquisition of Galena 12,487  
Fair value of options assumed in connection with acquisition of Galena 32  
Related party payable settled in shares 228  
MSK payable settled in shares 150  
Deemed dividend associated with conversion of 2015 Sely Note and common stock warrant issuance to Equilibria 675  
2015 Shareholder Notes    
Supplemental disclosure of non-cash investing and financing activities:    
Shares issued upon conversion of notes and accrued interest 1,294  
2015 Sely Note    
Supplemental disclosure of non-cash investing and financing activities:    
Shares issued upon conversion of notes and accrued interest $ 6,064