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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 41,916 $ 146,470
Available-for-sale securities 100,085 49,897
Prepaid expenses and other current assets 1,147 3,836
Total Current Assets 143,148 200,203
Property and equipment, net 590 642
Security deposits 219 163
Total Assets 143,957 201,008
Current Liabilities:    
Accounts payable 11,612 13,869
Accrued expenses 3,177 1,962
Interest payable on Senior Convertible Debentures 4,969 2,500
Total Current Liabilities 19,758 18,331
Senior Convertible Notes, net of deferred financing costs of $8,276 and $12,336 as of September 30, 2015 and December 31, 2014, respectively 150,735 187,664
Derivative financial instruments, at estimated fair value-warrants 533 172
Total Liabilities $ 171,026 $ 206,167
Commitments and contingencies
Stockholders' Deficit:    
Preferred stock, Authorized 20,000,000 shares and none outstanding, at September 30, 2015 and December 31, 2014
Common stock, par value of $.0001, 350,000,000 shares and 200,000,000 shares authorized at September 30, 2015 and December 31, 2014, respectively. Issued and outstanding 113,673,273 shares and 96,609,764 shares at September 30, 2015 and December 31, 2014, respectively $ 11 $ 10
Additional paid-in capital 326,858 261,716
Accumulated deficit (353,938) (266,885)
Total Stockholders' Deficit (27,069) (5,159)
Total Liabilities and Stockholders' Deficit $ 143,957 $ 201,008