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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 20,671 $ 33,091
Investments 32,684 49,100
Accounts receivable 1,857 2,106
Prepaid expenses and other current assets 1,437 1,204
Total current assets 56,649 85,501
Property and equipment, net 406 278
Long-term investment – restricted 153 153
Goodwill 8,982 8,982
Other assets 3 51
Total assets 66,193 94,965
Current Liabilities:    
Accounts payable 5,056 4,217
Accrued liabilities 2,324 1,934
Current portion of long-term debt, net 5,104 4,607
Total current liabilities 12,484 10,758
Long-term debt, net 15,798 19,558
Other long-term liabilities 41 139
Total liabilities 28,323 30,455
Commitments
Stockholders’ Equity:    
Common stock, $0.01 par value—225,000,000 shares authorized; 141,217,276 shares issued and 139,994,430 shares outstanding at September 30, 2016; 130,213,224 shares issued and 128,990,378 shares outstanding at December 31, 2015 1,412 1,302
Additional paid-in capital 925,569 903,240
Treasury stock (at cost, 1,222,846 shares) (1,524) (1,524)
Accumulated deficit (887,613) (838,536)
Accumulated other comprehensive income 26 28
Total stockholders’ equity 37,870 64,510
Total liabilities and stockholders’ equity $ 66,193 $ 94,965