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Accrued Expenses (Tables)
6 Months Ended
Jun. 30, 2015
Payables and Accruals [Abstract]  
Schedule of Accrued Liabilities
Accrued expenses consist of the following:
 
(in thousands)
 
June 30,
2015
 
December 31,
2014
Compensation
$
934

 
$
1,806

Professional fees
266

 
404

Other expenses
271

 
123

Other liabilities
26

 

 
$
1,497

 
$
2,333


The Company maintained a balance of legal fees from a law firm of $587,000 which the Company agreed to pay with the issuance of 2,105,982 shares of the Company's common stock. The Company agreed to use the Company's share price of $0.27 as of May 6, 2015 to settled the balance due; however, the Company agreed to pay the difference if the law firm receives less from the sale of the Company's common stock than the balance due within sixty days after the sale of shares is completed. The Company's share price was $0.20 as of June 30, 2015. As a result of the drop in share price, the Company accrued an additional $147,000 which has been included within the accrual for professional fees above.