XML 19 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 142,000 $ 805,000
Marketable securities 3,392,000 3,500,000
Prepaid expenses and other assets 330,000 107,000
Total current assets 3,864,000 4,412,000
Property and equipment, net 5,000 4,000
Patent portfolios, net $ 9,799,000 55,004,000
Goodwill 1,712,000
Deposit $ 26,000 26,000
Total assets 13,694,000 61,158,000
Current liabilities    
Accounts payable and accrued expenses 384,000 728,000
Accrued salaries and benefits 645,000 $ 329,000
Warrant liabilities 2,959,000
Short-term deferred revenue 290,000
Short-term lease liabilities 178,000 $ 173,000
Total current liabilities 4,456,000 $ 1,230,000
Long-term deferred revenue 259,000
Long-term lease liabilities 229,000 $ 407,000
Total liabilities $ 4,944,000 1,637,000
Series I redeemable convertible preferred stock, $0.0001 par value; 0 and 35,541 shares issued and outstanding at December 31, 2015 and December 31, 2014, respectively; liquidation preference of $167 per share $ 5,935,000
Commitments and contingencies
Stockholders' equity    
Common stock, $0.0001 par value, 100,000,000 shares authorized; 2,539,859 and 1,505,773 shares issued at December 31, 2015 and December 31, 2014, respectively; 2,539,847 and 1,505,761 shares outstanding at December 31, 2015 and December 31, 2014, respectively
Additional paid-in-capital $ 144,287,000 $ 137,658,000
Treasury stock, at cost, 12 shares at December 31, 2015 and December 31, 2014, respectively (264,000) (264,000)
Accumulated deficit (135,273,000) (83,808,000)
Total stockholders' equity 8,750,000 53,586,000
Total liabilities and stockholders' equity $ 13,694,000 $ 61,158,000
Series D Preferred Stock [Member]    
Stockholders' equity    
Preferred stock
Series H Convertible Preferred Stock [Member]    
Stockholders' equity    
Preferred stock
Series J Convertible Preferred Stock [Member]    
Stockholders' equity    
Preferred stock
Series A Preferred Stock [Member]    
Stockholders' equity    
Preferred stock
Series F-1 Convertible Preferred Stock [Member]    
Stockholders' equity    
Preferred stock
Series C Convertible Preferred Stock [Member]    
Stockholders' equity    
Preferred stock
Series D-1 Convertible Preferred Stock [Member]    
Stockholders' equity    
Preferred stock