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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 24,490 $ 23,052
Investment securities 10,582 17,929
Prepaid expenses and other current assets 746 1,271
Total current assets 35,818 42,252
Property and equipment, net 171 226
In-process research and development 8,549 8,549
Goodwill 3,007 3,007
Other assets 131 183
Total assets 47,676 54,217
Current liabilities:    
Accounts payable 2,300 2,600
Accrued liabilities 9,424 8,152
Accrued compensation and payroll taxes 1,127 1,430
Debt facility 12,512 10,991
Total current liabilities 25,363 23,173
Long-term lease obligation 21 25
Debt facility, net of current portion 2,462 3,726
Deferred income tax liability 3,404 3,404
Total liabilities 31,250 30,328
Stockholders' equity:    
Common stock, $0.001 par value; 500,000,000 shares authorized; 208,341,530 and 163,614,297 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 208 164
Additional paid-in capital 313,097 298,715
Accumulated other comprehensive income/(loss) 7 (17)
Accumulated deficit (296,886) (274,973)
Total stockholders' equity 16,426 23,889
Total liabilities and stockholders' equity $ 47,676 $ 54,217