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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 34,248 $ 41,786
Prepaid expenses and other current assets 3,717 3,734
Total Current Assets 37,965 45,520
Non-Current Assets    
Property and equipment, net 301 345
Restricted cash 100 99
Right of use asset 1,956 1,199
In-process research and development 19,483 19,150
Goodwill 5,621 5,525
Deposits and other assets 23 23
Total Assets 65,449 71,861
Current Liabilities:    
Accounts payable 741 915
Accrued expenses 1,826 1,496
Accrued employee benefits 1,070 1,403
Contingent consideration, current portion 4,978 2,973
Loans payable-current 67 57
Operating lease liability 452 216
Total Current Liabilities 9,134 7,060
Non-current Liabilities    
Non-current contingent consideration 5,773 7,211
Loan Payable - Long term 153 221
Deferred tax liabilities, net 952 1,618
Operating lease liability - Long term 1,684 1,187
Total Liabilities 17,696 17,297
Commitments and Contingencies
Stockholders' Equity:    
Common stock, $0.001 par value; 350,000,000 shares authorized, 17,762,010 issued and 17,041,777 outstanding at June 30, 2023 and 15,844,294 issued and 15,124,061 outstanding at December 31, 2022 18 16
Additional paid-in capital 346,176 343,750
Treasury stock at cost, 720,233 shares at June 30, 2023 and at December 31, 2022 (288) (288)
Accumulated other comprehensive loss (356) (679)
Accumulated deficit (300,531) (290,969)
Total Stockholders' Equity 45,019 51,830
Total Liabilities Temporary Equity, and Stockholders' Equity 65,449 71,861
Series C convertible preferred stock    
Temporary Equity    
Convertible preferred stock 2,006 2,006
Series D convertible preferred stock    
Temporary Equity    
Convertible preferred stock $ 728 $ 728