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Liquidity Considerations | 12 Months Ended
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Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Liquidity Considerations | Note 2 — Liquidity Considerations As of December 31, 2018 and 2017, the Company had an accumulated deficit of $45,868 and $8,639, respectively. In addition, for the year ended December 31, 2018 and the period from April 27, 2017 (inception) to December 31, 2017, the Company had net cash used in operating activities of $8,145 and $4,718, respectively. To date, the Company has not generated any revenues and does not anticipate generating significant revenues unless and until it successfully completes development and obtains regulatory approval for one of its product candidates. As of December 31, 2018, the Company had an accumulated deficit of $45,868 and has incurred negative cash flow from operating activities since its inception. The Company currently believes its existing cash and cash equivalents will be sufficient to fund its operating expenses and capital expenditure requirements for at least the next twelve months from the date of issuance of these financial statements. This estimate is based on the Company’s current assumptions, including assumptions relating to its ability to manage its spending. The Company could use its available capital resources sooner than currently expected. Accordingly, the Company could seek to obtain additional capital through equity financings, the sale of debt or other arrangements. However, there can be no assurance that the Company will be able to raise additional capital if needed or under acceptable terms, if at all. The sale of additional equity may dilute existing stockholders and newly issued shares may contain senior rights and preferences compared to currently outstanding common shares. Issued debt securities may contain covenants and limit the Company’s ability to pay dividends or make other distributions to stockholders. If the Company is delayed in completing its product development and obtaining regulatory approval for its product candidates and is unable to obtain such additional financing, operations would need to be scaled back or discontinued.

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- Definition The entire disclosure for the liquidation basis of accounting. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 30 -URI http://asc.fasb.org/subtopic&trid=35686142 + Details
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