XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 28,989,000 $ 32,093,000
Marketable securities 15,554,000 16,175,000
Funds receivable from New Jersey net operating loss 1,641,000 1,641,000
Prepaid expenses and other current assets 296,000 304,000
Assets held for sale 3,900,000
Total current assets 50,380,000 50,213,000
Property and equipment, net 137,000 4,047,000
Right of use asset, net 144,000 149,000
Patent and trademark rights, net 1,988,000 1,974,000
Other assets 1,506,000 1,316,000
Total assets 54,155,000 57,699,000
Current liabilities:    
Accounts payable 378,000 198,000
Accrued expenses 328,000 438,000
Current portion of operating lease liability 60,000 37,000
Total current liabilities 766,000 673,000
Long-term liabilities:    
Operating lease liability 84,000 112,000
Redeemable warrants 4,000 35,000
Commitments and contingencies (Notes 12, 13 and 14)
Stockholders’ equity:    
Series B Convertible Preferred Stock, stated value $1,000 per share, 715 issued and outstanding 715,000 715,000
Common Stock, par value $0.001 per share, authorized 350,000,000 shares; 47,994,672 issued and outstanding 48,000 48,000
Additional paid-in capital 417,459,000 417,217,000
Accumulated deficit (364,921,000) (361,101,000)
Total stockholders’ equity 53,301,000 56,879,000
Total liabilities and stockholders’ equity $ 54,155,000 $ 57,699,000