Cyclerion Separation (Tables)

9 Months Ended

Sep. 30, 2019

Table Text Blocks

Summary of assets and liabilities transferred in separation

		As of April 1, 2019
Assets:
Prepaid expenses and other current assets	$	1,169
Property and equipment, net		10,241
Other assets		21
	$	11,431
Liabilities:
Accrued research and development costs	$	5,673
Accrued expenses and other current liabilities		3,149
	$	8,822
Net Assets Transferred to Cyclerion	$	2,609

Summary of the discontinued operations

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
Costs and expenses:
Research and development		—		17,636		21,792		49,410
Selling, general and administrative		—		4,712		15,646		13,860
Restructuring expenses		—		180		—		1,086
Net loss from discontinued operations		—		22,528		37,438		64,356

Assets:
Prepaid expenses and other current assets	$	847
Property and equipment, net		9,618
Other assets		25
	$	10,490
Liabilities:
Accounts payable	$	3,232
Accrued research and development costs		5,256
Accrued expenses and other current liabilities		7,251
	$	15,739