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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 42,229 $ 29,487
Available for sale securities 753 3
Trade accounts and grants receivable, net 1,078 1,042
Inventory 1 266
Landlord receivable 567 378
Prepaid expenses and other current assets 2,609 1,229
Total current assets 47,237 32,405
Equipment, net and construction in progress 7,539 2,858
Deferred license fees 322 337
Deposits and other long-term assets 1,299 453
Equity method investment 4,671 0
Intangible assets, net 33,592 38,848
TOTAL ASSETS 94,660 74,901
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 9,377 6,803
Capital lease liability, current portion 38 58
Promissory notes, current portion 95 0
Deferred grant income 2,513 0
Deferred license and subscription revenue, current portion 439 208
Total current liabilities 12,462 7,069
LONG-TERM LIABILITIES    
Deferred tax liabilities, net 0 4,515
Deferred revenues, net of current portion 615 0
Deferred rent liabilities, net of current portion 158 97
Lease liability 4,400 378
Capital lease liability, net of current portion 26 31
Related party convertible debt, net of discount 324 60
Promissory notes, net of current portion 220 0
Other long term liabilities 8 28
Total long-term liabilities $ 5,751 $ 5,109
Commitments and contingencies (Note 8)
SHAREHOLDERS' EQUITY    
Series A convertible preferred stock, no par value, authorized 2,000 shares as of December 31, 2015 and 2014; none and 70 issued and outstanding as of December 31, 2015 and 2014, respectively $ 0 $ 3,500
Common stock, no par value, authorized 125,000 shares; issued and outstanding shares; 94,894 issued and 90,421 outstanding as of December 31, 2015 and 83,122 issued and 78,228 outstanding as of December 31, 2014 274,342 234,850
Accumulated other comprehensive (loss)/income (237) 186
Accumulated deficit (229,181) (182,190)
Treasury stock at cost: 4,473 and 4,894 shares at December 31, 2015 and 2014, respectively (18,033) (19,890)
BioTime, Inc. shareholders' equity 26,891 36,456
Non-controlling interest 49,556 26,267
Total shareholders' equity 76,447 62,723
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 94,660 $ 74,901