Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 4,074 $ 1,034
Marketable securities 5,719   
Prepaid and other current assets 156 139
Mortgage note receivable, current portion 148   
Total current assets 10,097 1,173
Property and equipment, net 361 469
Deposits 31 19
Mortgage note receivable, long-term portion 2,478   
Total assets 12,967 1,661
Current liabilities:    
Accounts payable 180 224
Accrued expenses 281 139
Derivative liabilities 6,450 23
Total current liabilities 6,911 386
Total liabilities 6,911 386
Series A convertible preferred stock, $.0001 par value, 7,150 shares authorized; 0 and 7,046 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively; liquidation preference of $14,000 as of December 31, 2013    10,108
Stockholders' equity (deficit):    
Series B convertible preferred stock, $001 par value: 5,000 shares authorized; 1,000 and 279 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively 1   
Common stock, $.0001 par value: 200,000 and 262,186 shares authorized, 121,885 and 0 shares issued and outstanding as of June 30, 2014 and December 31, 2013, respectively 122   
Additional paid-in capital 12,084 3,502
Accumulated other comprehensive loss 1,827   
Accumulated deficit (7,978) (12,335)
Total stockholders' equity (deficit) 6,056 (8,833)
Total liabilities and stockholders' equity (deficit) $ 12,967 $ 1,661