|
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified |
12 Months Ended | |
|---|---|---|
|
Dec. 31, 2014
|
Dec. 31, 2013
|
|
| Revenues: | ||
| Licensing fees | $ 2,948 | $ 2,092 |
| Total revenues | 2,948 | 2,092 |
| Legal and consulting contingency fees | 882 | 752 |
| Net revenue | 2,066 | 1,340 |
| Operating expenses: | ||
| Other legal and consulting fees | 2,342 | 1,563 |
| Patent prosecution and maintenance fees | 993 | 1,000 |
| Compensation and benefits | 6,357 | 3,213 |
| Professional fees | 5,724 | 9,383 |
| Marketing | 279 | |
| General and administrative | 2,056 | 563 |
| Total operating expenses | 17,751 | 15,722 |
| Operating loss | (15,685) | (14,382) |
| Other income | 32 | 0 |
| Interest income | 35 | 13 |
| Net Loss | $ (15,618) | $ (14,369) |
| Net loss per common share | ||
| Basic and diluted | $ (0.75) | $ (1.29) |
| Weighted average common shares outstanding | ||
| Basic and diluted | 20,834 | 11,126 |