Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

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CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
License revenue $ 1,406 $ 40 $ 5,063 $ 157
Product revenue 244 0 318 0
Total revenue 1,650 40 5,381 157
Operating expenses:        
Cost of goods sold 178 0 248 0
Research and development 1,910 2,714 5,623 7,341
General and administrative 1,514 1,396 4,508 3,944
Total operating expenses 3,602 4,110 10,379 11,285
Loss from operations (1,952) (4,070) (4,998) (11,128)
Other expense:        
Other expense, net (234) (123) (662) (133)
Non-cash gain on changes in fair value 141 2 141 614
Other income (expense), net (93) (121) (521) 481
Net loss and comprehensive loss (2,045) (4,191) (5,519) (10,647)
Deemed dividend on trigger of down round provision (285) 0 (285) 0
Net loss attributable to common stockholders $ (2,330) $ (4,191) $ (5,804) $ (10,647)
Basic net loss per common share $ (0.11) $ (0.20) $ (0.27) $ (0.50)
Diluted net loss per common share $ (0.11) $ (0.20) $ (0.28) $ (0.53)
Weighted average shares used in computing basic net loss per common share 21,902 21,204 21,439 21,202
Weighted average shares used in computing diluted net loss per common share 21,902 21,204 21,439 21,222