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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 17,515 $ 29,268
Inventory 0 482
Prepaid expenses and other current assets 513 1,244
Total current assets 18,028 30,994
Property and equipment, net 1,489 1,582
Intangible assets, net of accumulated amortization of $0 and $2,204, respectively 0 4,136
Other assets 65 0
Total assets 19,582 36,712
Current liabilities:    
Accounts payable 440 499
Related party payable 942 10,720
Accrued expenses 1,551 1,779
Deferred revenue 0 457
Warrant liability, current 54 1,910
Total current liabilities 2,987 15,365
Convertible promissory notes, net of debt discount of $18,088 and $0, respectively (see Note 7) 0 0
Accrued interest payable 228 0
Warrant liability, long term 5,980 6,365
Derivative liability 1,735 0
Deferred rent 791 779
Total liabilities 11,721 22,509
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares outstanding 0 0
Common stock, $0.001 par value; 150,000,000 shares authorized, 44,058,626 shares issued and outstanding as of December 31, 2016; 100,000,000 shares authorized, 43,898,785 shares issued and outstanding as of December 31, 2015 44 44
Additional paid-in capital 170,380 161,330
Accumulated deficit (162,563) (147,171)
Total stockholders’ equity 7,861 14,203
Total liabilities and stockholders’ equity $ 19,582 $ 36,712