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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 7,639 $ 11,672
Other current assets 270 107
Total current assets 7,909 11,779
Deferred tax assets 3,362 11,111
Total assets 11,271 22,890
Current liabilities:    
Accounts payable 770 90
Accrued expenses and other current liabilities 170 205
Accrued lease termination costs 0 4,506
Total current liabilities 940 4,801
Commitments and contingencies
Stockholders’ equity:    
Preferred stock - $0.01 par value, authorized 3,000,000 shares; no shares issued and outstanding at December 31, 2016 and 2015 0 0
Common stock - $0.01 par value, authorized 170,000,000 shares; issued and outstanding 44,214,603 shares at December 31, 2016 and 2015 441 441
Additional paid-in capital 90,282 96,914
Accumulated deficit (80,392) (79,266)
Total stockholders’ equity 10,331 18,089
Total liabilities and stockholders’ equity $ 11,271 $ 22,890