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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 26,434 $ 13,678
Accounts receivable 2 1,066
Prepaid expenses and other current assets 283 292
Total current assets 26,719 15,036
Property and equipment, net 191 203
Investment 2,618 2,745
Other long-term assets 322 321
Total assets 29,850 18,305
Current liabilities:    
Accounts payable 5,003 1,858
Accounts payable - related parties 23 88
Accrued expenses 1,049 1,832
Accrued income taxes 327 3
Other liabilities, current 20 33
Total current liabilities 6,422 3,814
Other liabilities, non-current 119 119
Total liabilities 6,541 3,933
Commitments and contingencies (Note 2)
Redeemable Preferred Stock    
Series A Preferred stock - $0.0001 par value, 39,733 and 83,502 issued and outstanding at March 31, 2017 and December 31, 2016, respectively (Liquidation preference of $6,556 at March 31, 2017 and $13,778 at December 31, 2016, respectively) 6,264 13,486
Stockholders' equity    
Preferred stock - $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding (which excludes 39,733 shares and 83,502 Series A Redeemable Preferred Stock at March 31, 2017 and December 31, 2016, respectively) at March 31, 2017 and December 31, 2016, respectively 0 0
Common stock - $0.0001 par value; 80,000,000 shares authorized; 23,139,216 and 23,102,728 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 2 2
Additional paid-in capital 18,349 18,140
Accumulated deficit (1,306) (17,256)
Total stockholders' equity 17,045 886
Total liabilities and stockholders' equity $ 29,850 $ 18,305