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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 26,373 $ 13,208
Restricted cash 3,000 13,736
Receivables, net 1,958 8,648
Receivables, related parties, net 1,866 1,934
Costs in excess of billings on uncompleted contracts 0 25
Prepaid expenses and other assets 1,736 1,357
Total current assets 34,933 38,908
Property and equipment, net of accumulated depreciation of $1,541 and $2,920, respectively 468 735
Cost method investment 1,016 1,016
Equity method investments 2,739 3,959
Deferred tax assets 53,290 61,396
Other long-term assets 1,711 1,282
Total Assets 94,157 107,296
Current liabilities:    
Accounts payable 1,617 1,920
Accrued payroll and related liabilities 1,135 2,121
Billings in excess of costs on uncompleted contracts 1,884 4,947
Legal settlements and accruals 4,327 10,706
Other current liabilities 8,208 4,017
Total current liabilities 17,171 23,711
Legal settlements and accruals, long-term 1,076 5,382
Other long-term liabilities 2,234 2,038
Total Liabilities 20,481 31,131
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock: par value of $.001 per share, 50,000,000 shares authorized, none outstanding 0 0
Treasury stock, at cost: 1,370,891 and -0- shares as of June 30, 2017 and December 31, 2016, respectively 22 22
Common stock: par value of $.001 per share, 100,000,000 shares authorized, 22,438,617 and 22,322,022 shares issued, and 21,076,726 and 22,024,675 shares outstanding at June 30, 2017 and December 31, 2016, respectively (12,973) 0
Additional paid-in capital 114,882 119,494
Accumulated deficit (28,255) (43,351)
Total stockholders’ equity 73,676 76,165
Total Liabilities and Stockholders’ Equity $ 94,157 $ 107,296