Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.4.0.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 81,415 $ 98,182
Other receivables - related party 1,314 156
Prepaid expenses and other current assets 1,607 1,441
Total current assets 84,336 99,779
Property and equipment, net (Note 3) 2,598 309
Restricted cash 14,586 14,586
Long-term investments, at fair value (Note 4) 1,567 2,485
Intangible asset - licenses (Note 7) 1,450 1,250
Other assets 376 201
Total assets 104,913 118,610
Current liabilities    
Accounts payable 2,348 1,868
Accrued expenses 8,259 8,570
Interest payable 27 27
Derivative warrant liability (Note 4) 203 114
Total current liabilities 10,837 10,579
Notes payable, long-term (net of debt discount of $466 and $835 at March 31, 2016 and December 31, 2015, respectively) 20,751 23,174
Other long-term liabilities 2,416 584
Total liabilities $ 34,004 $ 34,337
Commitments and contingencies
Stockholders' equity    
Common Stock, $.001 par value, 100,000,000 shares authorized, 48,517,449 and 47,147,032 shares issued and outstanding as of March 31, 2016 and December 31, 2015, respectively $ 49 $ 47
Additional paid-in-capital 246,877 246,955
Accumulated deficit (202,361) (190,156)
Total stockholders' equity attributed to the Company 44,565 56,846
Non-controlling interests (Note 10) 26,344 27,427
Total stockholders' equity 70,909 84,273
Total liabilities and stockholders' equity 104,913 118,610
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 March 31, 2016 and December 31, 2015, respectively $ 0 $ 0