v3.19.3
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 24,000 $ 1,887,000
Restricted cash 254,000 55,000
Prepaid expenses and other current assets 1,622,000 10,000
Total current assets 1,900,000 1,952,000
Property and equipment, net 6,000 10,000
Right of use asset, net 779,000
Other assets 18,000 18,000
Total assets 2,703,000 1,980,000
Current liabilities    
Accounts payable 1,748,000 491,000
Accrued liabilities 1,480,000 857,000
Current portion of operating lease liability 346,000
Convertible promissory notes - related party 5,497,000 4,500,000
Current portion of term loan, net of discount 2,390,000 3,812,000
Total current liabilities 11,461,000 9,660,000
Operating lease liability, net of current portion 493,000
Warrant liability 140,000
Commitments and contingencies (Note 7)
Stockholders' deficit    
Preferred stock, $0.001 par value; 1,000,000 shares authorized no shares issued or outstanding
Common stock, $0.001 par value; 95,000,000 shares authorized, 5,807,877 shares issued and outstanding at June 30, 2019 (unaudited) 5,313,200 shares authorized, 701,808 shares issued and outstanding at December 31, 2018 6,000 1,000
Additional paid-in capital 35,160,000 747,000
Accumulated deficit (44,417,000) (37,279,000)
Total stockholders' deficit (9,251,000) (36,531,000)
Total liabilities, redeemable convertible preferred stock and stockholders' deficit 2,703,000 1,980,000
Series A Redeemable Convertible Preferred Stock [Member]    
Current liabilities    
Redeemable convertible preferred stock 12,814,000
Series B Redeemable Convertible Preferred Stock [Member]    
Current liabilities    
Redeemable convertible preferred stock $ 15,897,000