Historical Financials (in thousands) (Unaudited) Current assets: Research and development incentive receivable 998 Research and development incentive receivable, net of current portion 632 Accrued expenses 1,715 Warrant liability 16,713 Commitments and contingencies Cash Ba ance at June 30, 2018: $30.5 m on 35 Copyright © 2018 March 31, 2018 Assets Cash and cash equivalents $ 35,376 Prepaid expenses and other current assets 289 Total current assets 36,663 Property and equipment, net 123 Deferred tax asset 157 Other assets 1,111 Total assets $ 38,686 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 4,130 Total current liabilities 5,845 Non Current liabilities: Total liabilities 22,558 Stockholders' equity: Common stock, $0.001 par value; 100,000,000 shares authorized; 14,500,681 and 12,354,014 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively 15 Additional paid-in capital 157,290 Accumulated other comprehensive loss (158) Accumulated deficit (141,019) Total stockholders’ equity 16,128 Total liabilities and stockholders' equity $ 38,686 Operating expenses: Research and development General and administrative Total operating expenses Loss from operations Interest income Interest expense Interest expense - related party Australian research and development incentives Foreign currency gains (loss) Loss on change in fair value of warrant liability Net loss Accretion of preferred stock to redemption valu Net loss attributable to common stockholders Net loss per share - basic and diluted Weighted average common shares outstanding basic & diluted Three Months Ended March 31 2018 (Unaudi $ 4,231 2,113 6,344 (6,344) 77 (6) - 646 (144) (4,851) (10,622) - $ (10,622) $ (0.85) 12,449,421 2017 ted) $ 6,404 3,804 10,208 (10,208) 50 - (121) 397 468 - (9,414) (244) $ (9,658) $ (1.39) 6,945,623
