v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 83,182 $ 93,328
Restricted cash   2,049
Short-term equity securities 523 774
Trade and other receivables, net 5 209
Short-term royalty and commercial payment receivables 2,500 0
Prepaid expenses and other current assets 1,051 613
Total current assets 87,261 96,973
Property and equipment, net 10 13
Operating lease right-of-use assets 116 200
Long-term royalty and commercial payment receivables 66,575 69,075
Other assets - long term 260 301
Total assets 154,222 166,562
Current liabilities:    
Accounts payable 1,153 1,072
Accrued and other liabilities 1,026 525
Income taxes payable   91
Contingent consideration under RPAs and CPPAs 3,075 8,075
Operating lease liabilities 133 195
Unearned revenue recognized under units-of-revenue method 1,669 1,641
Preferred stock dividend accrual 1,368 1,368
Total current liabilities 8,424 12,967
Unearned revenue recognized under units-of-revenue method - long-term 10,842 11,685
Long-term operating lease liabilities   34
Total liabilities 19,266 24,686
Commitments and Contingencies (Note 9)
Stockholders' equity:    
Common stock, $0.0075 par value, 277,333,332 shares authorized, 11,423,823 and 11,315,263 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 86 85
Additional paid-in capital 1,307,059 1,307,030
Accumulated deficit (1,172,238) (1,165,288)
Total stockholders' equity 134,956 141,876
Total liabilities and stockholders' equity 154,222 166,562
8.625% Series A Cumulative, Perpetual Preferred Stock    
Stockholders' equity:    
Preferred Stock 49 49
8.375% Series B Cumulative, Perpetual Preferred Stock    
Stockholders' equity:    
Preferred Stock
Convertible preferred stock    
Stockholders' equity:    
Preferred Stock

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