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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 31,465 $ 29,487
Trade accounts and grants receivable, net 979 1,042
Inventory 297 266
Landlord receivable 2,771 378
Prepaid expenses and other current assets 1,492 1,232
Total current assets 37,004 32,405
Equipment, net and construction in progress (see Note 4) 5,652 2,858
Deferred license fees 282 337
Deposits 446 443
Other long-term assets 6 10
Intangible assets, net 36,220 38,848
TOTAL ASSETS 79,610 74,901
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 6,604 6,803
Capital lease liability, current portion 58 58
Related party convertible debt, net of discount (see Note 8) 238 60
Deferred grant income 1,932 0
Deferred license and subscription revenue, current portion 360 208
Total current liabilities 9,192 7,129
LONG-TERM LIABILITIES    
Deferred tax liabilities, net 2,067 4,515
Deferred rent liabilities, net of current portion 36 97
Lease liability 3,331 378
Capital lease, net of current portion 3 31
Other long-term liabilities 30 28
Total long-term liabilities $ 5,467 $ 5,049
Commitments and contingencies (Note 8)    
SHAREHOLDERS' EQUITY    
Series A Convertible Preferred Stock, no par value, authorized 2,000 shares as of June 30, 2015 and December 31, 2014; 70 issued and outstanding as of June 30, 2015 and December 31, 2014 $ 3,500 $ 3,500
Common stock, no par value, authorized 125,000 shares as of June 30, 2015 and December 31, 2014; 83,281 issued and 78,387 outstanding as of June 30, 2015 and 83,122 issued and 78,228 outstanding at December 31, 2014 235,555 234,850
Accumulated other comprehensive income/(loss) (131) 186
Accumulated deficit (202,055) (182,190)
Treasury stock at cost: 4,894 shares at June 30, 2015 and at December 31, 2014 (19,890) (19,890)
BioTime, Inc. shareholders' equity 16,979 36,456
Non-controlling interest 47,972 26,267
Total shareholders' equity 64,951 62,723
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 79,610 $ 74,901