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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 61,695 $ 146,470
Available-for-sale securities 99,984 49,897
Prepaid expenses and other current assets 2,287 3,836
Total Current Assets 163,966 200,203
Property and equipment, net 584 642
Security deposits 219 163
Total Assets 164,769 201,008
Current Liabilities:    
Accounts payable 10,606 13,869
Accrued expenses 3,934 1,962
Interest payable on Senior Convertible Debentures 2,222 2,500
Total Current Liabilities 16,762 18,331
Senior Convertible Debentures, net of deferred financing costs of $9,820 and $12,336 as of June 30, 2015 and December 31, 2014, respectively 167,967 187,664
Derivative financial instruments, at estimated fair value-warrants 1,981 172
Total Liabilities $ 186,710 $ 206,167
Commitments and contingencies    
Stockholders' Deficit:    
Preferred stock, Authorized 20,000,000 shares and none outstanding, at June 30, 2015 and December 31, 2014    
Common stock, par value of $.0001, 350,000,000 shares and 200,000,000 shares authorized at June 30, 2015 and December 31, 2014, respectively. Issued and outstanding 107,188,192 shares and 96,609,764 shares at June 30, 2015 and December 31, 2014, respectively. $ 12 $ 11
Additional paid-in capital 305,989 261,715
Accumulated deficit (327,942) (266,885)
Total Stockholders' Deficit (21,941) (5,159)
Total Liabilities and Stockholders' Deficit $ 164,769 $ 201,008