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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 20,521 $ 23,052
Investment securities 6,429 17,929
Prepaid expenses and other current assets 1,333 1,271
Total current assets 28,283 42,252
Property and equipment, net 148 226
In-process research and development 8,549 8,549
Goodwill 3,007 3,007
Other assets 131 183
Total assets 40,118 54,217
Current liabilities:    
Accounts payable 1,497 2,600
Accrued liabilities 6,902 8,152
Accrued compensation and payroll taxes 901 1,430
Debt facility 11,593 10,991
Total current liabilities 20,893 23,173
Long-term lease obligation 19 25
Debt facility, net of current portion 2,615 3,726
Deferred income tax liability 3,404 3,404
Total liabilities 26,931 30,328
Stockholders' equity:    
Common stock, $0.001 par value; 500,000,000 shares authorized; 232,892,110 and 163,614,297 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively 233 164
Additional paid-in capital 317,988 298,715
Accumulated other comprehensive income/(loss) 4 (17)
Accumulated deficit (305,038) (274,973)
Total stockholders' equity 13,187 23,889
Total liabilities and stockholders' equity $ 40,118 $ 54,217