Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 71,336 $ 98,182
Accounts receivable 967 0
Inventory 100 0
Other receivables - related party 2,570 156
Prepaid expenses and other current assets 1,579 1,599
Total current assets 76,552 99,937
Property and equipment, net (Note 3) 4,535 309
Restricted cash 14,586 14,586
Long-term investments, at fair value (Note 4) 766 2,485
Intangible asset - license (Note 7) 1,579 1,250
Other assets 44 43
Total assets 98,062 118,610
Current liabilities    
Accounts payable 5,126 1,868
Accrued expenses 8,883 8,570
Interest payable 26 27
Derivative liabilities (Note 4) 302 114
Total current liabilities 14,337 10,579
Notes payable, long-term (net of debt discount of $412 and $835 at June 30, 2016 and December 31, 2015, respectively) 20,805 23,174
Convertible note, at fair value 1,000 0
Other long-term liabilities 3,706 584
Total liabilities 39,848 34,337
Commitments and contingencies
Stockholders' equity    
Common Stock, $.001 par value, 100,000,000 shares authorized, 48,668,630 and 47,147,032 shares issued and outstanding as of June 30, 2016 and December 31, 2015, respectively 49 47
Additional paid-in-capital 250,127 246,955
Accumulated deficit (214,839) (190,156)
Total stockholders' equity attributed to the Company 35,337 56,846
Non-controlling interests (Note 10) 22,877 27,427
Total stockholders' equity 58,214 84,273
Total liabilities and stockholders' equity 98,062 118,610
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 June 30, 2016 and December 31, 2015, respectively $ 0 $ 0