Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 71,592 $ 99,521
Short-term investment (Note 1) 52 0
Prepaid and other current assets 428 510
Total current assets 72,072 100,031
Property and equipment, net 58 447
Restricted cash 15,446 0
Long-term investment, at fair value (Note 1) 250 0
Other assets 181 104
Total Assets 88,007 100,582
Current Liabilities:    
Accounts payable 333 468
Accrued expenses 3,199 4,430
Interest payable 25 109
Current portion of note payable 0 6,203
Total current liabilities 3,557 11,210
Note payable 14,009 7,017
Other long-term liabilities 1,181 1,077
Total Liabilities 18,747 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 September 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 September 30, 2014 and December 31, 2013, respectively 44 40
Additional paid-in capital 207,231 202,580
Accumulated deficit (138,015) (121,342)
Total Stockholders' Equity 69,260 81,278
Total Liabilities and Stockholders' Equity $ 88,007 $ 100,582