Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.2.0.727
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 41,037 $ 49,759
Marketable securities, at fair value (Note 3) 20,000 20,002
Prepaid expenses and other current assets 997 702
Total current assets 62,034 70,463
Property and equipment, net 90 52
Restricted cash 14,586 14,586
Long-term investments, at fair value (Note 11) 5,567 4,160
Intangible asset - license (Note 6) 1,250 0
Other assets 172 64
Total assets 83,699 89,325
Current liabilities    
Accounts payable 583 366
Interest payable 26 28
Accrued expenses 4,386 3,683
Total current liabilities 4,995 4,077
Notes payable, long-term, net (net of debt discount of $777 and $6 at June 30, 2015 and December 31, 2014, respectively) 23,232 14,003
Other long-term liabilities 264 722
Total liabilities $ 28,491 $ 18,802
Commitments and contingencies    
Stockholders' equity    
Common Stock, $.001 par value, 100,000,000 shares authorized, 46,833,715 and 46,494,034 shares issued and outstanding as of June 30, 2015 and December 31, 2014, respectively $ 47 $ 46
Additional paid-in capital 215,793 212,205
Accumulated deficit (159,959) (141,728)
Total stockholders' equity attributed to the Company 55,881 70,523
Non-controlling interest (Note 5) (673) 0
Total stockholders' equity 55,208 70,523
Total liabilities and stockholders' equity 83,699 89,325
Series C Convertible Preferred Stock [Member]    
Stockholders' equity    
Convertible Preferred stock, $.001 par value, 129,767 Series C shares authorized, 0 shares issued and outstanding as of June 30, 2015 and December 31, 2014, respectively $ 0 $ 0