Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.19.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 116,444 $ 65,508
Accounts receivable 8,022 5,498
Short-term investments (certificates of deposit) 5,044 17,604
Inventory 629 678
Other receivables - related party 2,129 2,095
Prepaid expenses and other current assets 4,281 6,735
Current assets held for sale   13,089
Total current assets 136,549 111,207
Property and equipment, net 11,833 12,019
Operating lease right-of-use asset, net 22,618  
Restricted cash 16,074 16,074
Long-term investment, at fair value 11,056  
Intangible asset 1,183 1,417
Other assets 1,225 276
Total assets 200,538 140,993
Current liabilities    
Accounts payable and accrued expenses 37,073 34,067
Accounts payable and accrued expenses - related party 16 149
Interest payable 1,013 1,232
Interest payable - related party 97 97
Notes payable, short-term - related party (net of debt discount of $223 and $336 at March 31, 2019 and December 31, 2018, respectively) 9,277 9,164
Partner company convertible note, short-term, at fair value   9,914
Operating lease liabilities – short-term 1,481  
Derivative warrant liability   991
Total current liabilities 48,957 55,614
Notes payable, long-term (net of debt discount of $6,385 and $4,567 at March 31, 2019 and December 31, 2018, respectively) 73,607 60,425
Operating lease liabilities – long-term 24,989  
Other long-term liabilities 2,276 5,211
Total liabilities 149,829 121,250
Stockholders' equity    
Preferred stock, $.001 par value, 15,000,000 authorized, 5,000,000 designated Series A shares, 1,000,000 shares issued and outstanding as of March 31, 2019 December 31, 2018; liquidation value of $25.00 per share 1 1
Common stock, $.001 par value, 100,000,000 shares authorized, 63,126,521 and 57,845,447 shares issued and outstanding as of March 31, 2019 and December 31, 2018, respectively 63 58
Common stock issuable, 475,225 and 744,332 shares as of March 31, 2019 and December 31, 2018, respectively 765 659
Additional paid-in-capital 414,870 397,408
Accumulated deficit (394,882) (396,274)
Total stockholders' equity attributed to the Company 20,817 1,852
Non-controlling interests 29,892 17,891
Total stockholders' equity 50,709 19,743
Total liabilities and stockholders' equity $ 200,538 $ 140,993