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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 19,590 $ 29,730
Restricted cash 24,401 401
Litigation settlement insurance recovery 0 21,700
Prepaid expenses and other current assets 1,210 1,398
Current assets of discontinued operations, net 83 392
Total current assets 45,284 53,621
Equipment and furnishings, net 259 335
In-process research and development 12,864 12,864
GALE-401 rights 9,255 9,255
Goodwill 5,898 5,898
Deposits and other assets 218 171
Total assets 73,778 82,144
Current liabilities:    
Accounts payable 1,273 1,597
Accrued expenses and other current liabilities 4,703 5,292
Litigation settlement payable 5,100 25,000
Fair value of warrants potentially settleable in cash 9,264 14,518
Current portion of long-term debt 23,157 4,739
Current liabilities of discontinued operations 3,727 5,925
Total current liabilities 47,224 57,071
Deferred tax liability 5,418 5,418
Contingent purchase price consideration 815 6,142
Total liabilities 53,457 68,631
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.0001 par value; 275,000,000 shares authorized, 182,996,385 shares issued and 182,321,385 shares outstanding at June 30, 2016; 162,581,753 shares issued and 161,906,753 shares outstanding at December 31, 2015 18 15
Additional paid-in capital 314,639 296,730
Accumulated deficit 290,487 279,383
Less treasury shares at cost, 675,000 shares (3,849) (3,849)
Total stockholders’ equity 20,321 13,513
Total liabilities and stockholders' equity $ 73,778 $ 82,144