Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 149,407 $ 65,508
Accounts receivable (net of allowance of 4250 and $0 at June 30,2019 and December 31,2018, respectively) 3,104 5,498
Short-term investments (certificates of deposit) 5,000 17,604
Inventory 732 678
Other receivables - related party 1,850 2,095
Prepaid expenses and other current assets 3,418 6,735
Current assets held for sale   13,089
Total current assets 163,511 111,207
Property and equipment, net 12,023 12,019
Operating lease right-of-use asset, net 22,255  
Restricted cash 16,074 16,074
Long-term investment, at fair value 11,193  
Intangible asset 971 1,417
Other assets 1,237 276
Total assets 227,264 140,993
Current liabilities    
Accounts payable and accrued expenses 24,260 34,067
Accounts payable and accrued expenses - related party   149
Interest payable 1,022 1,232
Interest payable - related party 94 97
Notes payable, short-term - related party (net of debt discount of $104 and $336 at June 30, 2019 and December 31, 2018, respectively) 9,396 9,164
Partner company convertible note, short-term, at fair value   9,914
Operating lease liabilities - short-term 1,626  
Derivative warrant liability   991
Total current liabilities 36,398 55,614
Notes payable, long-term (net of debt discount of $6,435 and $4,567 at June 30, 2019 and December 31, 2018, respectively) 74,307 60,425
Operating lease liabilities - long-term 24,510  
Other long-term liabilities 2,229 5,211
Total liabilities 137,444 121,250
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 June 30, 2019 and December 31, 2018; liquidation value of $25.00 per share 1 1
Common stock, $.001 par value, 100,000,000 shares authorized, 68,138,203 and 57,845,447 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively 68 58
Common stock issuable, 317,804 and 744,322 shares as of June 30, 2019 and December 31, 2018, respectively 490 659
Additional paid-in-capital 439,295 397,408
Accumulated deficit (407,980) (396,274)
Total stockholders' equity attributed to the Company 31,874 1,852
Non-controlling interests 57,946 17,891
Total stockholders' equity 89,820 19,743
Total liabilities and stockholders' equity $ 227,264 $ 140,993