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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 28,731 $ 120,585
Investments 61,422 11,839
Trade accounts receivable 159 77
Prepaid expenses 1,267 1,638
Other current assets 102 12
Total current assets 91,681 134,151
Property and equipment, net 4,802 5,016
Intellectual property, net 149 157
Total assets 96,632 139,324
Current liabilities:    
Accounts payable 2,400 2,623
Accrued liabilities 2,005 2,543
Deferred revenue and income 44 127
Capital lease obligations 0 13
Total current liabilities 4,449 5,306
Long-term deferred income 1,000 1,000
Total liabilities 5,449 6,306
Commitments and contingencies see Note 12, Commitments 0 0
Stockholders' equity:    
Common stock, $0.001 par value; 75,000,000 common shares authorized with 51,404,551 shares issued and outstanding on September 30, 2016 and 55,000,000 authorized with 51,191,184 shares issued and outstanding on December 31, 2015 51 51
Preferred shares, $0.001 par value; 5,000,000 preferred shares authorized and none outstanding as of September 30, 2016 and December 31, 2015 0 0
Contributed capital 252,295 243,894
Accumulated deficit (161,154) (110,915)
Accumulated other comprehensive gain (loss) (9) (12)
Total stockholders' equity 91,183 133,018
Total liabilities and stockholders' equity $ 96,632 $ 139,324