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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 4,340 $ 8,310
Short-term investments 106
Accounts Receivable, Net $ 2,780 2,806
Other current assets 3,024 2,569
Current assets from discontinued operations 1,530 5,374
Total current assets 11,674 19,165
Property and equipment, net 1,330 1,460
Other intangible assets, net 42,522 43,492
Other long-term assets 1,066 3,255
Long-term assets from discontinued operations 183 340
Total assets 56,775 67,712
Current liabilities:    
Accounts payable 1,245 1,560
Accrued salary and bonus 2,869 2,424
Other accrued expenses 6,655 5,961
Current portion of long-term debt, net of debt discount 2,463 1,164
Current liabilities from discontinued operations 6,514 12,264
Total current liabilities 19,746 23,373
Contingent consideration 17,890 17,890
Long-term debt, net of debt discount 6,137 7,233
Other long-term liabilities 4,696 6,178
Total liabilities $ 48,469 $ 54,674
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding
Common stock, $.01 par value; 100,000,000 shares authorized; 18,705,214 shares issued; 18,162,671 and 17,662,671 shares outstanding, respectively $ 187 $ 187
Additional paid-in capital 125,800 132,522
Accumulated deficit $ (116,038) (111,252)
Accumulated other comprehensive income 13
Treasury stock, at cost (542,543 and 1,042,543 shares, respectively) $ (1,643) (8,432)
Total stockholders' equity 8,306 13,038
Total liabilities and stockholders' equity $ 56,775 $ 67,712