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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 39,957 $ 49,482
Investments available for sale 19,935 14,438
Prepaid taxes 12,639 10,459
Prepaid expense and other current assets 447 91
Total current assets 72,978 74,470
Property and equipment, net 61 56
Intangible and other assets 48 60
Deferred tax benefit 40 47
Total assets 73,127 74,633
Current liabilities:    
Accounts payable and accrued liabilities 3,756 1,227
Income tax liability 430 430
Derivative liability 4,430 4,699
Total current liabilities 8,616 6,356
Stockholders' equity:    
Preferred stock, par value $0.0001 per share Authorized: 10,000,000 shares at March 31, 2012, and December 31, 2011 Issued and outstanding: 0 shares at March 31, 2012 and December 31, 2011 0 0
Common stock, par value $0.0001 per share Authorized: 100,000,000 shares at March 31, 2012 and December 31, 2011 Issued and outstanding: 50,697,136 shares at March 31, 2012, and 50,619,136 at December 31, 2011, respectively 5 5
Additional paid in capital 105,239 104,277
Accumulated deficit (40,711) (36,001)
Accumulated other comprehensive loss (22) (4)
Total stockholders' equity 64,511 68,277
Total liabilities and stockholders' equity $ 73,127 $ 74,633