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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities    
Net loss $ (6,476) $ (51,465)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Amortization of patent portfolio 2,135 6,317
Change in fair value of warrant liabilities (2,257) (269)
Stock-based compensation 562 371
Depreciation expenses 3 1
Realized loss on marketable securities 95
Unrealized (gain) loss on marketable securities 243 (19)
Impairment of goodwill and intangible assets 2,713 40,600
Changes in assets and liabilities:    
Prepaid expenses and other assets 195 (223)
Accounts payable and accrued expenses (261) (344)
Accrued salaries and benefits (199) 316
Deferred revenue 3,497 268
Accrued lease liabilities (180) (173)
Net cash provided by (used in) operating activities 70 (4,620)
Cash flows from investing activities    
Purchase of marketable securities (18,035) (7,994)
Purchase of property and equipment (4) (2)
Sale of marketable securities 15,065 8,121
Net cash (used in) provided by investing activities (2,974) 125
Cash flows from financing activities    
Proceeds from issuance of common stock and warrants in July Financing, net 1,322
Proceeds from issuance of common stock and preferred stock in December Offering, net 3,445
Cash paid for cancellation of fractional shares of common stock (4)
Cash from issuance common stock, net of offering cost 2,140
Proceeds from exercise of warrants 760
Redemption of Series I redeemable convertible preferred stock (935)
Net cash provided by financing activities 2,896 3,832
Net decrease in cash and cash equivalents (8) (663)
Cash and cash equivalents, beginning of period 142 805
Cash and cash equivalents, end of period 134 142
Cash paid for interest and taxes
Non-cash investing and financing activities    
Extinguishment of Series H Convertible Preferred Stock in connection with license agreement 31,480 4,766
Recognition of deferred revenue in connection with license agreement 414 281
Extinguishment of Series I Convertible Preferred Stock in connection with license agreement $ 5,000