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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 3,689 $ 12,607
Restricted cash 23,737 0
Accounts receivables, net 342 277
Inventories 600 757
Prepaid expenses and other current assets 310 960
Deferred financing costs 489 0
Total current assets 29,167 14,601
Restricted cash, net of current portion 6,550 0
Deferred financing costs, net of current portion 122 0
Property, plant and equipment, net 1,141 1,132
Total assets 36,980 15,733
Current liabilities    
Accounts payable 182 284
Accrued expenses 2,701 2,243
Warrant liability 22,502 3,785
Total current liabilities 25,385 6,312
Convertible notes payable, net of debt discount 6,413 0
Deferred Revenue 31 0
Other non-current liabilities 665 820
Total liabilities 32,494 7,132
Commitments and Contingencies
Stockholders' equity    
Preferred stock, $.01 par value; 10,000,000 shares authorized; no shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively 0 0
Common stock, $.01 par value; 500,000,000 shares authorized; 1,541,043 and 1,396,348 shares issued and 1,521,933 and 1,360,239 shares outstanding at September 30, 2016 and December 31, 2015, respectively [1] 15 14
Additional paid-in capital 275,245 269,863
Accumulated deficit (270,703) (261,217)
Treasury stock, at cost; 110 shares at September 30, 2016 and December 31, 2015, respectively [1] (51) (51)
Accumulated other comprehensive income (20) (8)
Total stockholders' equity 4,486 8,601
Total liabilities and stockholders' equity $ 36,980 $ 15,733
[1] reflects a one-for-sixteen (1:16) reverse stock split effected on July 21, 2016