XML 12 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 8,585 $ 25,181
Receivables, net 9,196 16,594
Receivables, related parties, net 2,191 1,439
Restricted cash 727 2,527
Costs in excess of billings on uncompleted contracts 2,402 6,153
Prepaid expenses and other assets 3,358 2,535
Total current assets 26,459 54,429
Restricted cash, long-term 10,980 8,771
Property and equipment, net of accumulated depreciation of $6,746 and $5,924, respectively 3,411 4,808
Investment securities, restricted, long-term 336 336
Cost method investment 2,776 2,776
Equity method investments 18,546 19,584
Other assets 2,797 2,995
Total Assets 65,305 93,699
LIABILITIES AND STOCKHOLDERS’ DEFICIT    
Accounts payable 8,929 7,514
Accrued payroll and related liabilities 6,859 5,158
Current portion of notes payable, related parties 1,668 1,479
Billings in excess of costs on uncompleted contracts 16,130 22,518
Settlement and royalty indemnity obligation 5,275 3,749
Other current liabilities 8,814 6,739
Total current liabilities 47,675 47,157
Long-term portion of notes payable, related party 14,022 14,431
Settlement and royalty indemnification, long-term 16,218 20,273
Advance deposit, related party 3,938 6,524
Other long-term liabilities 6,098 6,011
Total Liabilities $ 87,951 $ 94,396
Commitments and contingencies (Note 8)
Stockholders’ deficit:    
Preferred stock: par value of $.001 and no par value per share, respectively, 50,000,000 shares authorized, none outstanding $ 0 $ 0
Common stock: par value of $.001 per share, 100,000,000 shares authorized, 21,964,598 and 21,853,263 shares issued, and 21,801,016 and 21,643,342 shares outstanding at September 30, 2015 and December 31, 2014, respectively 22 22
Additional paid-in capital 115,453 110,169
Accumulated deficit (138,121) (110,888)
Total stockholders’ deficit (22,646) (697)
Total stockholders’ deficit $ 65,305 $ 93,699