Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

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CONDENSED BALANCE SHEETS - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current Assets    
Cash $ 16,180,000 $ 2,774,000
Accounts receivable 470,000 488,000
Prepaid expenses and other current assets 1,238,000 487,000
Total current assets 17,888,000 3,749,000
Property and equipment, net 272,000 531,000
Intangible and other assets, net 1,369,000 707,000
Goodwill 2,565,000 0
Total assets 22,094,000 4,987,000
Current Liabilities    
Accounts payable and accrued expenses 1,120,000 813,000
Deferred revenue 65,000 45,000
Convertible debt and accrued interest, net 0 10,923,000
Total current liabilities 1,185,000 11,781,000
Stockholders' Equity (Deficit)    
Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, par value $0.001 per share; 100,000,000 shares authorized; 8,569,922 and 4,610,109 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively. 18,000 14,000
Additional paid-in capital 97,598,000 48,325,000
Accumulated deficit (76,707,000) (55,133,000)
Total stockholders' equity (deficit) 20,909,000 (6,794,000)
Total liabilities and stockholders' equity $ 22,094,000 $ 4,987,000