Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF OPERATIONS (Unaudited)

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STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenue $ 408 $ 196 $ 566 $ 207
Operating expenses:        
Cost of revenue 303   337  
Research and development 2,738 3,241 4,957 4,410
Selling and general and administrative 6,408 4,048 11,475 6,603
Management fees and royalties 451 399 812 982
Total operating expenses 9,900 7,688 17,581 11,995
Loss from operations (9,492) (7,492) (17,015) (11,788)
Interest, net 92 (72) 264 (140)
Foreign currency transaction loss (3) (12) (27) (18)
Loss before income taxes (9,403) (7,576) (16,778) (11,946)
Income taxes 0 0 0 0
Net loss $ (9,403) $ (7,576) $ (16,778) $ (11,946)
Basic and diluted loss per share $ (0.29) $ (0.25) $ (0.51) $ (0.41)
Weighted average shares outstanding - basic and diluted 32,732,988 29,840,827 32,704,834 28,851,491