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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 42,463 $ 48,121
Prepaid expenses and other current assets 2,420 6,326
Total current assets 44,883 54,447
Restricted cash 20 20
Property and equipment, net of accumulated depreciation of $789 and $758, respectively 207 238
Intangible assets 46,400 46,400
Goodwill 13,064 13,064
Other assets 91 196
Total Assets 104,665 114,365
Current liabilities:    
Accounts payable 2,068 1,902
Accrued expenses 4,893 6,169
Other current liabilities 405 446
Total current liabilities 7,366 8,517
Deferred tax liability 12,528 12,528
Total Liabilities 86,214 141,065
Commitments and contingencies
Stockholders’ Equity (Deficit):    
Preferred stock, $0.001 par value per share; 5,000,000 shares authorized at March 31, 2020 and December 31, 2019; no shares issued and outstanding at March 31, 2020 and December 31, 2019 0 0
Common stock, $0.001 par value per share; 200,000,000 shares authorized at March 31, 2020 and December 31, 2019; 109,991,553 and 106,801,409 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 110 107
Additional paid-in capital 270,301 266,717
Accumulated deficit (251,960) (293,524)
Total Stockholders’ Equity (Deficit) 18,451 (26,700)
Total Liabilities and Stockholders’ Equity (Deficit) $ 104,665 $ 114,365