Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 73,706 $ 101,659 [1]
Short-term investments 19,996 19,990 [1]
Trade and other receivables, net 4,312 3,781 [1]
Prepaid expenses and other current assets 2,558 1,630 [1]
Total current assets 100,572 127,060 [1]
Property and equipment, net 6,028 6,456 [1]
Other assets 1,029 1,266 [1]
Total assets 107,629 134,782 [1]
Current liabilities:    
Accounts payable 8,851 9,616 [1]
Accrued and other liabilities 4,895 9,934 [1]
Deferred revenue 2,158 2,218 [1]
Interest bearing obligation - current 4,085 5,835 [1]
Accrued Interest on interest bearing obligations - current 264 2,042 [1]
Total current liabilities 20,253 29,645 [1]
Deferred revenue - long-term 3,636 4,105 [1]
Interest bearing obligations - long-term 34,658 35,150 [1]
Contingent warrant liabilities 47,342 69,869 [1]
Total liabilities 105,889 138,769 [1]
Stockholders' equity (deficit):    
Common stock, $0.0075 par value, 138,666,666 shares authorized, 106,885,926 and 105,386,216 shares outstanding at March 31, 2014 and December 31, 2013, respectively 799 787 [1]
Additional paid-in capital 1,086,798 1,076,403 [1]
Accumulated comprehensive income (loss) 6 (1) [1]
Accumulated deficit (1,085,863) (1,081,176) [1]
Total stockholders' equity (deficit) 1,740 (3,987) [1]
Total liabilities and stockholders' equity (deficit) $ 107,629 $ 134,782 [1]
[1] (Note 1) The condensed consolidated balance sheet as of December 31, 2013 has been derived from the audited consolidated financial statements as of that date included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013.