Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 3,640 $ 9,276
Accounts receivable 21 32
Prepaid and other current assets 517 441
Mortgage note receivable, current portion 1,294 170
Total current assets 5,472 9,919
Property and equipment, net 280 430
Deposits 31 31
Mortgage note receivable, long-term portion 2,354
In process research and development 53,905 146,301
Goodwill 65,195 65,195
Total assets 124,883 224,230
Current liabilities:    
Accounts payable and accrued expenses 563 2,585
Derivative liabilities 1,476 4,115
Total current liabilities 2,039 6,700
Long-term liabilities    
Deferred rent 63 61
Deferred tax liability 20,462 49,875
Total long-term liabilities 20,525 49,936
Total liabilities 22,564 56,636
Commitments and contingencies
Stockholders' equity:    
Common stock, $.001 par value; 800,000 shares authorized; 714,032 and 694,396 shares issued and outstanding as of December 31, 2016 and December 31, 2015, respectively 714 694
Additional paid-in capital 239,035 229,456
Accumulated deficit (137,430) (62,556)
Total stockholders' equity 102,319 167,594
Total liabilities and stockholders' equity $ 124,883 $ 224,230