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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 44,592 $ 7,703
Restricted cash 525 500
Marketable securities 32,905 37,955
Trading securities 306 0
Prepaid expenses and other current assets 3,380 2,669
Total current assets 81,708 48,827
Property and equipment, net 2,430 808
Ownership interests in and advances to partner companies 85,603 95,585
Other assets 712 517
Total Assets 170,453 145,737
Current Liabilities:    
Accounts payable 110 165
Accrued compensation and benefits 1,652 3,433
Accrued expenses and other current liabilities 2,170 2,182
Credit facility - current 65,687 22,100
Credit facility repayment feature 7,069 5,060
Lease liability - current 250  
Total current liabilities 76,938 32,940
Credit facility - non-current 0 43,014
Lease liability - non-current 2,597  
Other long-term liabilities 2,039 2,804
Total Liabilities 81,574 78,758
Commitments and contingencies (Note 10)
Equity:    
Preferred stock, $0.10 par value; 1,000 shares authorized 0 0
Common stock, $0.10 par value; 83,333 shares authorized; 21,573 shares issued at March 31, 2019 and December 31, 2018 2,157 2,157
Additional paid-in capital 811,352 810,928
Treasury stock, at cost; 998 and 914 shares at March 31, 2019 and December 31, 2018, respectively (15,157) (15,001)
Accumulated deficit (709,442) (731,105)
Accumulated other comprehensive loss (31) 0
Total Equity 88,879 66,979
Total Liabilities and Equity $ 170,453 $ 145,737