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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 90,438 $ 119,302
Accounts receivable, net 1,519 109
Other current assets 5,967 2,515
Total current assets 97,924 121,926
Fixed assets, at cost, net of accumulated depreciation and amortization 2,428 2,552
Intangible assets, net (Note 4) 28,700 28,700
Goodwill 7,702 7,702
Other assets 158 157
Total assets 136,912 161,037
Current liabilities:    
Accounts payable and accrued expenses 9,827 6,570
Other current liabilities 115 115
Total current liabilities 9,942 6,685
Contingent consideration liability 18,100 17,200
Deferred tax liability - long term 11,332 11,332
Other liabilities 874 911
Total liabilities $ 40,248 $ 36,128
Commitments and contingencies (Note 8)
Stockholders' equity:    
Preferred stock, $.001 par value; 20,000,000 shares authorized; issued and outstanding - none $ 0 $ 0
Common stock, $.0013 par value; 160,000,000 shares authorized; issued - 70,005,555 in 2015 and 69,832,949 in 2014 91 91
Additional paid-in capital 593,546 589,826
Accumulated deficit (494,232) (462,267)
Treasury stock, at cost (200,000 shares in 2015 and 2014) (2,741) (2,741)
Total stockholders' equity 96,664 124,909
Total liabilities and stockholders' equity $ 136,912 $ 161,037