| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Dec'17 |
|---|---|---|---|---|---|---|---|---|
Assets | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | ||||||||
23,257 | 4,801 | 28,883 | 51,241 | 64,603 | 44,551 | 39,598 | 84,901 | 8,485 |
Short-term investments | ||||||||
- | - | 0 | 0 | 4,997 | 40,000 | 68,509 | 50,370 | 30,731 |
Prepaid expenses and other current assets | ||||||||
5,332 | 6,887 | 7,956 | 7,953 | 7,188 | 8,390 | 4,680 | 6,442 | 4,957 |
Current portion of restricted cash | ||||||||
30 | 30 | 30 | 30 | 30 | 30 | 30 | - | - |
Total current assets | ||||||||
28,619 | 11,718 | 36,869 | 59,224 | 76,818 | 92,971 | 112,817 | 141,713 | 44,173 |
Property and equipment, net | ||||||||
533 | 572 | 609 | 648 | 675 | 700 | 716 | 735 | 747 |
Restricted cash, less current portion | ||||||||
60 | 60 | 60 | 60 | 90 | 90 | 90 | 120 | - |
Other assets | ||||||||
13,100 | 13,401 | 13,404 | 11,361 | 11,551 | 4,110 | 3,242 | 2,902 | 1,837 |
Total assets | ||||||||
42,312 | 25,751 | 50,942 | 71,293 | 89,134 | 97,871 | 116,865 | 145,470 | 46,757 |
Liabilities and Shareholders’ Deficit | ||||||||
Current liabilities: | ||||||||
Accounts payable | ||||||||
6,301 | 15,486 | 14,527 | 10,160 | 6,176 | 4,041 | 2,708 | 8,169 | 3,152 |
Accrued expenses | ||||||||
6,244 | 12,458 | 17,057 | 13,956 | 8,696 | 7,046 | 5,323 | 4,121 | 3,974 |
Derivative liability | ||||||||
25,359 | - | - | - | - | - | - | - | - |
Current portion of long-term debt | ||||||||
5,867 | 5,800 | 4,997 | 3,496 | 2,056 | 1,019 | - | - | - |
Current portion of royalty-linked notes | ||||||||
50 | - | - | - | - | - | - | - | - |
Income taxes payable | ||||||||
321 | 200 | 106 | 160 | 248 | 113 | - | - | - |
Other current liabilities | ||||||||
2,948 | 3,042 | 645 | 481 | 442 | - | - | - | - |
Total current liabilities | ||||||||
47,090 | 36,986 | 37,332 | 28,253 | 17,618 | 12,219 | 8,031 | 12,290 | 7,126 |
Long-term debt, less current portion | ||||||||
18,847 | 7,625 | 9,343 | 10,771 | 12,139 | 13,079 | - | - | - |
Royalty-linked notes, less current portion | ||||||||
10,965 | - | - | - | - | - | - | - | - |
Long-term debt | ||||||||
- | - | - | - | - | - | 14,541 | 14,505 | - |
Other liabilities | ||||||||
7,151 | 7,378 | 7,363 | 7,693 | 7,747 | 951 | 195 | 145 | 80 |
Total liabilities | ||||||||
84,053 | 51,989 | 54,038 | 46,717 | 37,504 | 26,249 | 22,767 | 26,940 | 7,206 |
Commitments and contingencies (Note 13) | ||||||||
- | - | - | - | - | - | 0 | 0 | - |
Shareholders’ deficit: | ||||||||
Ordinary shares, $0.01 par value per share: 50,000,000 shares authorized at March 31, 2020 and December 31, 2019; 14,868,973 shares issued at March 31, 2020 and December 31, 2019 | ||||||||
149 | 149 | 149 | 144 | 144 | 144 | 142 | 142 | 4 |
Additional paid-in capital | ||||||||
209,133 | 208,536 | 208,037 | 204,443 | 203,859 | 203,271 | 201,492 | 201,018 | 94,227 |
Accumulated deficit | ||||||||
-251,023 | -234,923 | -211,282 | -180,011 | -152,373 | -131,793 | -107,536 | -82,630 | -54,737 |
Total shareholders' deficit | ||||||||
-41,741 | -26,238 | -3,096 | 24,576 | 51,630 | 71,622 | 94,098 | 118,530 | 39,494 |
Total liabilities and shareholders’ deficit | ||||||||
42,312 | 25,751 | 50,942 | 71,293 | 89,134 | 97,871 | 116,865 | 145,470 | 46,757 |
Series A Convertible Preferred Shares | ||||||||
Convertible preferred shares | ||||||||
- | - | - | - | - | - | - | - | 30 |
Series B Convertible Preferred Shares | ||||||||
Convertible preferred shares | ||||||||
- | - | - | - | - | - | - | - | 27 |