Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 9,955 $ 11,573
Prepaid expenses and other 563 571
Total current assets 10,518 12,144
Right-of-use assets, net 383 0
Property and equipment, net 33 44
Intangible assets, net 0 29
Lease security deposits 31 35
Total assets 10,965 12,252
Current liabilities:    
Accounts payable 893 563
Accrued liabilities:    
Insurance premiums 188 0
Compensation and benefits 120 790
Other 180 526
Current portion of license fees payable to Xoma 1,600 6,500
Current portion of operating lease liabilities 245 0
Total current liabilities 3,226 8,379
License fees payable to Xoma, net of current portion 209 2,000
Operating lease liabilities, net of current portion 165 0
Other non-current liabilities 0 121
Total liabilities 3,600 10,500
Commitments and contingencies (Notes 4 and 9)
Stockholders' equity :    
Preferred Stock, $0.001 par value; 20,000 shares authorized, no shares issued
Common Stock, $0.001 par value, 500,000 shares authorized; 5,867 and 4,208 shares issued and outstanding as of June 30, 2020 and 2019, respectively 6 4
Additional paid-in capital 154,595 128,651
Accumulated deficit (147,236) (126,903)
Total stockholders? equity 7,365 1,752
Total liabilities and stockholders? equity $ 10,965 $ 12,252