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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 6,404 $ 4,409
Restricted cash 20,737 27,287
Accounts receivables, net 386 403
Inventories 873 660
Prepaid expenses and other current assets 624 698
Deferred financing costs 949 699
Total current assets 29,973 34,156
Property, plant and equipment, net 1,066 1,083
Total assets 31,039 35,239
Current liabilities    
Accounts payable 699 594
Accrued expenses 3,548 3,407
Convertible notes payable, net of debt discount 9,290 13,343
Warrant liability 17,513 18,751
Total current liabilities 31,050 36,095
Deferred revenue 30 30
Other non-current liabilities 545 604
Total liabilities 31,625 36,729
Commitments and Contingencies
Stockholders' deficit    
Preferred stock, $.01 par value; 10,000,000 shares authorized; no shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 0 0
Common stock, $.01 par value; 500,000,000 shares authorized; 118,568,425 and 4,131,527 shares issued and 118,457,971 and 4,112,417 shares outstanding at March 31, 2017 and December 31, 2016, respectively [1] 1,186 41
Additional paid-in capital 288,862 277,749
Accumulated deficit (290,520) (279,188)
Treasury stock, at cost; 110 shares at March 31, 2017 and December 31, 2016, respectively [1] (51) (51)
Accumulated other comprehensive income (63) (41)
Total stockholders' deficit (586) (1,490)
Total liabilities and stockholders' deficit $ 31,039 $ 35,239
[1] reflects a one-for-sixteen (1:16) reverse stock split effected on July 21, 2016