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Other current assets and other long-term assets
6 Months Ended
Jun. 30, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other current assets and other long-term assets
Other current assets and other long-term assets

Other current assets consisted of the following (in thousands):
 
June 30,
 
December 31,
 
2016
 
2015
 

 
 
Prepaid expenses
$
928

 
$
2,287

Security deposits and other receivables
516

 
551

Interest receivable
282

 
237

 
$
1,726

 
$
3,075



The other long-term assets balance consisted of $2.4 million and $2.0 million in deposits paid in conjunction with the Company's research and development activities as of June 30, 2016 and December 31, 2015, respectively.