Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.3.0.814
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 25,563 $ 49,759
Marketable securities, at fair value (Note 3) 39,951 20,002
Prepaid expenses and other current assets 1,096 702
Total current assets 66,610 70,463
Property and equipment, net 129 52
Restricted cash 14,586 14,586
Long-term investments, at fair value (Note 11) 4,095 4,160
Intangible asset - license (Note 6) 1,250 0
Other assets 194 64
Total assets 86,864 89,325
Current liabilities    
Accounts payable 1,287 366
Interest payable 26 28
Accrued expenses 7,137 3,683
Total current liabilities 8,450 4,077
Notes payable, long-term, net (net of debt discount of $718 and $6 at September 30, 2015 and December 31, 2014, respectively) 23,291 14,003
Other long-term liabilities 202 722
Total liabilities $ 31,943 $ 18,802
Commitments and contingencies
Stockholders' equity    
Common Stock, $.001 par value, 100,000,000 shares authorized, 47,133,715 and 46,494,034 shares issued and outstanding as of September 30, 2015 and December 31, 2014, respectively $ 47 $ 46
Additional paid-in-capital 231,684 212,205
Accumulated deficit (178,120) (141,728)
Total stockholders' equity attributed to the Company 53,611 70,523
Non-controlling interests (Note 5) 1,310 0
Total stockholders' equity 54,921 70,523
Total liabilities and stockholders' equity 86,864 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 September 30, 2015 and December 31, 2014, respectively $ 0 $ 0