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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 1,782 $ 5,803
Prepaid expenses and other current assets 221 106
Investments held-to-maturity 8,000 7,999
TOTAL CURRENT ASSETS 10,003 13,908
PROPERTY AND EQUIPMENT    
Fixed assets 1,416 1,249
Less: Accumulated depreciation and amortization (423) (208)
PROPERTY AND EQUIPMENT, NET 993 1,041
NONCURRENT ASSETS    
Patents and domain names, net 653 500
Restricted cash 100 0
Other assets 15 15
TOTAL NONCURRENT ASSETS 768 515
TOTAL ASSETS 11,764 15,464
CURRENT LIABILITIES    
Accounts payable 268 223
Accrued expenses 48 146
Accrued salaries and payroll related expenses 424 315
Deferred rent, current portion 35 36
TOTAL CURRENT LIABILITIES 775 720
LONG-TERM LIABILITIES    
Deferred rent 37 54
TOTAL LIABILITIES 812 774
Commitments and contingencies (Note 7) 0 0
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value, 47,000,000 authorized and 6,931,984 outstanding as of December 31, 2014, and 7,162,746 outstanding as of June 30, 2015 7 7
Preferred stock, $0.001 par value, 3,000,000 authorized and none outstanding as of December 31, 2014 and June 30, 2015 0 0
Additional paid-in capital 36,515 35,880
Accumulated deficit (25,570) (21,197)
TOTAL STOCKHOLDERS’ EQUITY 10,952 14,690
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 11,764 $ 15,464