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Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 4,826 $ 3,620
Prepaid expenses 162 23
Deferred offering costs 1,730  
Total current assets 6,718 3,643
Deferred offering costs   847
Deposits 8  
Total assets 6,726 4,490
Current liabilities:    
Accounts payable 642 531
Accrued liabilities 2,455 1,617
Convertible notes to related parties 4,256 1,795
Convertible notes 6,833 4,629
Premium conversion derivative 243 345
Total current liabilities 14,429 8,917
Total liabilities 14,429 8,917
Series A convertible preferred stock, $0.001 par value; 2,325,581 shares authorized as of June 30, 2016 and December 31, 2015, 745,637 shares issued as of June 30, 2016 and December 31, 2015, aggregate liquidation preference as of June 30, 2016 and December 31, 2015 of $8,252 and $7,953, respectively 8,252 7,953
Stockholders’ deficit:    
Common stock, $0.001 par value; 17,674,419 shares authorized as of June 30, 2016 and December 31, 2015, 3,758,488 shares issued and outstanding at June 30, 2016 and December 31, 2015 12 12
Accumulated deficit (15,967) (12,392)
Total stockholders’ deficit (15,955) (12,380)
Total liabilities, convertible preferred stock and stockholders’ deficit $ 6,726 $ 4,490