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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 48,121 $ 50,422
Prepaid expenses and other current assets 6,326 1,334
Total current assets 54,447 51,756
Restricted cash 20 20
Property and equipment, net 238 321
Intangibles 46,400 46,400
Goodwill 13,064 13,064
Other assets 196 0
Total Assets 114,365 111,561
Current liabilities:    
Accounts payable 1,902 1,367
Accrued expenses 6,169 4,746
Other current liabilities 446 0
Total current liabilities 8,517 6,113
Contingent consideration 120,020 48,400
Deferred tax liability 12,528 12,528
Other liabilities 0 313
Total Liabilities 141,065 67,354
Commitments and contingencies
Stockholders’ (Deficit) Equity:    
Preferred stock, $0.001 par value per share; 5,000,000 shares authorized at December 31, 2019 and 2018; no shares issued and outstanding at December 31, 2019 and 2018 0 0
Common stock, $0.001 par value per share; 200,000,000 shares authorized at December 31, 2019 and 2018; 106,801,409 and 77,456,180 shares issued and outstanding at December 31, 2019 and 2018, respectively 107 77
Additional paid-in capital 266,717 230,154
Accumulated deficit (293,524) (186,024)
Total Stockholders’ (Deficit) Equity (26,700) 44,207
Total Liabilities and Stockholders’ (Deficit) Equity $ 114,365 $ 111,561