XML 15 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 80,108 $ 91,551
Trade accounts receivable 1,027 12,577
Inventory 9,099 7,047
Prepaid expenses and other current assets 8,584 8,739
Total current assets 98,818 119,914
Property and equipment, net 710 1,710
Intangible assets 102,500 102,500
Goodwill 6,234 6,234
Other assets 1,076 1,147
Total assets 209,338 231,505
Current liabilities:    
Accounts payable 2,625 4,549
Accrued expenses 7,427 6,374
Accrued compensation 1,941 3,652
Common stock warrant liabilities 222 809
Working capital advance note payable, net of discount of $3,615 and $3,733 at March 31, 2017 and December 31, 2016, respectively 3,385 3,267
Current portion of long-term debt 1,333 0
Deferred revenue 972 1,245
Current liabilities of discontinued operations 439 414
Total current liabilities 18,344 20,310
Long term debt 17,625 18,824
Contingent consideration 53,400 52,800
Deferred income taxes 17,425 17,425
Other long-term liabilities 1,422 1,390
Stockholders’ equity:    
Common stock, $0.001 par value; 50,000 shares authorized; 24,813 shares issued and outstanding at both March 31, 2017 and December 31, 2016 25 25
Additional paid-in capital 567,627 565,954
Accumulated deficit (466,530) (445,223)
Total stockholders’ equity 101,122 120,756
Total liabilities and stockholders’ equity $ 209,338 $ 231,505