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Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 12,898 $ 3,683
Accounts receivable, net 455  
Inventories 1,340 2,068
Prepaid expenses and other current assets 1,081 188
Total current assets 15,774 5,939
Equipment and leasehold improvements, net 12 25
Other assets 24 24
Total assets 15,810 5,988
Current liabilities:    
Accounts payable and accrued expenses 2,121 1,846
Notes payable, related party net of related discount 7,000  
Deferred revenue, current portion 631  
Royalty payable - Related party 208  
Derivative instruments    
Related party 12,690 5,548
Others 205 239
Total current liabilities 22,855 7,633
Notes payable, related party net of related discount 54,172 44,546
Derivative instruments - Related party 35,071 24,133
Deferred revenue 55,616 41,616
Deferred lease liability and other liabilities 14 10
Total liabilities $ 167,728 $ 117,938
Commitments and contingencies
Stockholders' deficit:    
Preferred stock, $.01 par value; authorized 4,000,000 shares at December 31, 2015 and 2014; issued and outstanding at December 31, 2015 and 2014 - none
Common stock, $.01 par value; authorized 400,000,000 shares at December 31, 2015 and 2014 issued 60,977,210 shares (60,687,478 outstanding) at December 31, 2015 and 2014 $ 610 $ 610
Additional paid-in capital 405,944 405,531
Accumulated deficit (554,520) (514,139)
Common stock held in treasury, at cost; 289,732 shares (3,952) (3,952)
Total stockholders' deficit (151,918) (111,950)
Total liabilities and stockholders' deficit $ 15,810 $ 5,988