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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 23,177 $ 41,786
Tax credit receivable 1,812  
Prepaid expenses and other current assets 2,414 3,734
Total Current Assets 27,403 45,520
Non-Current Assets    
Property and equipment, net 422 345
Restricted cash 102 99
Right of use asset 1,759 1,199
In-process research and development 19,755 19,150
Goodwill 5,700 5,525
Deposits and other assets 78 23
Total Assets 55,219 71,861
Current Liabilities:    
Accounts payable 770 915
Accrued expenses 2,995 1,496
Accrued employee benefits 1,517 1,403
Contingent consideration, current portion   2,973
Deferred research and development tax credit-current portion 906  
Loans payable-current 63 57
Operating lease liability-current portion 487 216
Total Current Liabilities 6,738 7,060
Non-current Liabilities    
Non-current contingent consideration 6,274 7,211
Loan Payable - non-current 162 221
Deferred tax liabilities, net   1,618
Non-current deferred research and development tax credit 906  
Non-current operating lease liability 1,442 1,187
Total Liabilities 15,522 17,297
Commitments and Contingencies
Stockholders' Equity:    
Common stock, $0.001 par value; 350,000,000 shares authorized, 17,868,282 issued and 17,148,049 outstanding at December 31, 2023 and 15,844,061 issued and 15,123,828 outstanding at December 31, 2022 18 16
Additional paid-in capital 346,519 343,750
Treasury stock at cost, 720,233 shares at December 31, 2023 and at December 31, 2022 (288) (288)
Accumulated other comprehensive income (loss) 32 (679)
Accumulated deficit (309,318) (290,969)
Total Stockholders' Equity 36,963 51,830
Total Liabilities and Stockholders' Equity 55,219 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