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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 42,518 $ 38,449
Accounts receivable, net 616 76
Inventories 2,250 3,923
Interest receivable 15 6
Other current assets 8,149 6,689
Total Current Assets 53,548 49,143
Restricted cash 10,353  
Accounts receivable, net of current portion 274  
Inventories, net of current portion   709
Property and equipment, net 4,614 4,408
Intellectual property, net 41,260 46,898
In-process research and development 16,972 16,511
Goodwill 69,948 130,869
Other long term assets 63 64
Total Assets 197,032 248,602
Current Liabilities    
Accounts payable 2,596 4,450
Accrued expenses 7,246 7,395
Contingent consideration – current portion 11,325 12,500
Notes payable - current portion 7,826 6,727
Total Current Liabilities 28,993 31,072
Long Term Liabilities    
Contingent consideration – less current portion 13,875 11,000
Net deferred tax liabilities 11,971 16,263
Notes payable - less current portion, net of debt discount 7,059 12,990
Total Liabilities 61,898 71,325
Commitments and Contingencies
Stockholders’ Equity    
Common stock $0.001 par value, 750,000,000 shares authorized at September 30, 2016 and December 31, 2015; 115,086,256 and 100,180,872 shares issued at September 30, 2016 and December 31, 2015, respectively; and 115,014,711 and 100,149,453 shares outstanding at September 30, 2016 and December 31, 2015, respectively 115 100
Additional paid-in capital 425,041 363,280
Accumulated deficit (288,852) (182,864)
Treasury stock at cost, 71,545 and 31,419 shares at September 30, 2016 and December 31, 2015, respectively (203) (73)
Accumulated other comprehensive loss (967) (3,166)
Total Stockholders’ Equity 135,134 177,277
Total Liabilities and Stockholders’ Equity $ 197,032 $ 248,602