Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 748 $ 3,605
Restricted cash 29 35
Accounts receivable 1 21
Prepaid and other current assets 104 517
Mortgage note receivable 1,294 1,294
Total current assets 2,176 5,472
Property and equipment, net 119 280
Deposits 31 31
In process research and development 53,905 53,905
Goodwill 65,195 65,195
Total assets 121,426 124,883
Current liabilities:    
Accounts payable and accrued expenses 837 563
Derivative liabilities 569 1,476
Total current liabilities 1,406 2,039
Long-term liabilities    
Deferred rent 31 63
Convertible notes payable 1,007
Deferred tax liability 13,582 20,462
Total long-term liabilities 14,620 20,525
Total liabilities 16,026 22,564
Commitments and contingencies
Stockholders' equity:    
Common stock, $.001 par value; 800,000 shares authorized; 24,275 and 23,801 shares issued and outstanding as of December 31, 2017 and December 31, 2016, respectively 24 24
Additional paid-in capital 243,419 239,725
Accumulated deficit (138,043) (137,430)
Total stockholders’ equity 105,400 102,319
Total liabilities and stockholders' equity $ 121,426 $ 124,883