|
CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Current assets |
|
|
| Cash and cash equivalents |
$ 33,586 |
$ 56,960 |
| Assets held for sale |
787 |
0 |
| Other current assets |
455 |
469 |
| Total current assets |
34,828 |
57,429 |
| Long-term deposit |
247 |
54 |
| Property and equipment, net |
230 |
294 |
| Intangible assets, net |
22,748 |
34,044 |
| Goodwill |
65,757 |
65,965 |
| Total assets |
123,810 |
157,786 |
| Current liabilities |
|
|
| Accounts payable and accrued expenses |
5,146 |
1,444 |
| Accrued employee compensation |
299 |
398 |
| Derivative liabilities on account of warrants |
43 |
0 |
| Total current liabilities |
5,488 |
1,842 |
| Long-term liabilities |
|
|
| Derivative liabilities on account of warrants |
4,040 |
7,612 |
| Commitments and contingencies (Note 12) |
|
|
| Stockholders' equity |
|
|
| Series A Convertible Preferred stock, $0.01 par value per share; 5,000,000 authorized; none issued and outstanding |
0 |
0 |
| Common stock, $0.01 par value per share 150,000,000 and 100,000,000 authorized; 84,502,653 and 81,889,226 issued and outstanding as of December 31, 2013 and 2012, respectively |
845 |
819 |
| Additional paid-in capital |
189,465 |
171,108 |
| Deficit accumulated during the development stage |
(76,028) |
(23,595) |
| Total stockholders’ equity |
114,282 |
148,332 |
| Total liabilities and stockholders’ equity |
$ 123,810 |
$ 157,786 |