Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 75,798 $ 99,521
Short-term investments (Note 1) 295 0
Prepaid and other current assets 386 510
Total current assets 76,479 100,031
Property and equipment, net 63 447
Restricted cash 14,009 0
Long-term investment, at fair value (Note 1) 250 0
Other assets 69 104
Total Assets 90,870 100,582
Current Liabilities:    
Accounts payable 331 468
Accrued expenses 3,081 4,430
Interest payable 25 109
Current portion of note payable 0 6,203
Total current liabilities 3,437 11,210
Note payable 14,009 7,017
Other long-term liabilities 1,056 1,077
Total Liabilities 18,502 19,304
Commitments and Contingencies      
Stockholders’ Equity:    
Convertible Preferred Stock, $.001 par value, 129,767 Series C shares authorized, 0 shares issued and outstanding as of both June 30, 2014 and December 31, 2013 0 0
Common Stock, $.001 par value, 100,000,000 shares authorized, 44,312,193 and 39,652,950 shares issued and outstanding as of June 30, 2014 and December 31, 2013, respectively 44 40
Additional paid-in capital 205,747 202,580
Accumulated deficit (133,423) (121,342)
Total Stockholders’ Equity 72,368 81,278
Total Liabilities and Stockholders’ Equity $ 90,870 $ 100,582