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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 38,722 $ 44,711
Inventory, net 0 27
Prepaid interest, current portion 1,710 0
Prepaid expenses and other current assets 362 821
Total current assets 40,794 45,559
Property and equipment, net 1,039 1,637
Restricted cash 225 225
Prepaid interest, non-current portion 2,319 0
Other assets 0 78
Total Assets 44,377 47,499
Current Liabilities:    
Accounts payable 3,263 350
Accrued expenses 7,582 6,116
Deferred revenue 0 43
Common stock warrant liability 223 1,258
Equipment loans, current portion 0 62
Total current liabilities 11,068 7,829
Long-term Debt:    
Long term debt, gross 25,000 30,000
Discount on long-term debt 0 (9,698)
Long-term debt, net 25,000 20,302
Other liabilities 43 169
Total liabilities 36,111 28,300
Stockholders' Equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.001 par value; 36,000,000 shares authorized; 8,196,011 and 6,114,843 shares issued at December 31, 2015 and 2014, respectively; 8,194,519 and 6,113,351 shares outstanding at December 31, 2015 and 2014, respectively 8 6
Additional paid-in capital 590,490 546,255
Accumulated deficit (579,178) (524,008)
Treasury stock (at cost); 1,492 shares (3,054) (3,054)
Total stockholders' equity 8,266 19,199
Total liabilities & stockholders' equity $ 44,377 $ 47,499