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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 153,994,922 $ 15,569,813
Short-term investments 66,810,962 0
Billed accounts receivable 301,824 511,994
Unbilled accounts receivable 697,321 963,345
Prepaid expenses and other current assets 464,797 181,714
Total current assets 222,269,826 17,226,866
Property and equipment, net 120,944 233,694
Other long-term assets and deferred costs 0 53,384
Goodwill 2,348,453 2,348,453
Total assets 224,739,223 19,862,397
Current liabilities:    
Accounts payable 926,529 521,122
Dividends payable 197,083,993 0
Accrued expenses and other liabilities 2,083,472 1,248,708
Accrued income taxes payable 3,157,563 0
Accrued restructuring expenses - current 109,126 381,950
Other short-term liabilities 11,588 11,250
Current portion of derivative instruments 1,465,272 16,411
Total current liabilities 204,837,543 2,179,441
Accrued restructuring expenses, less current portion 0 108,641
Other long-term liabilities 442,589 433,407
Derivative instruments, less current portion 0 491,791
Total liabilities 205,280,132 3,213,280
Stockholders' equity:    
Common stock, $0.0001 par value; 100,000,000 shares authorized; 67,726,458 and 64,382,086 shares issued and outstanding at December 31, 2016 and December 31, 2015, respectively 6,773 6,438
Additional paid-in capital 49,323,222 240,366,704
Accumulated other comprehensive loss (1,052) 0
Accumulated deficit (29,869,852) (223,724,025)
Total stockholders' equity 19,459,091 16,649,117
Total liabilities and stockholders' equity $ 224,739,223 $ 19,862,397