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
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 65,895 $ 101,659 [1]
Short-term investments 9,998 19,990 [1]
Trade and other receivables, net 5,510 3,781 [1]
Prepaid expenses and other current assets 2,129 1,630 [1]
Total current assets 83,532 127,060 [1]
Property and equipment, net 5,595 6,456 [1]
Other assets 798 1,266 [1]
Total assets 89,925 134,782 [1]
Current liabilities:    
Accounts payable 7,857 9,616 [1]
Accrued and other liabilities 6,389 9,934 [1]
Deferred revenue 2,139 2,218 [1]
Interest bearing obligation - current 20,970 5,835 [1]
Accrued Interest on interest bearing obligations - current 299 2,042 [1]
Total current liabilities 37,654 29,645 [1]
Deferred revenue - long-term 3,134 4,105 [1]
Interest bearing obligations - long-term 17,330 35,150 [1]
Contingent warrant liabilities 39,379 69,869 [1]
Total liabilities 97,497 138,769 [1]
Stockholders' deficit:    
Common stock, $0.0075 par value, 277,333,332 shares authorized, 107,020,607 and 105,386,216 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively 800 787 [1]
Additional paid-in capital 1,089,382 1,076,403 [1]
Accumulated comprehensive income (loss) 6 (1) [1]
Accumulated deficit (1,097,760) (1,081,176) [1]
Total stockholders' deficit (7,572) (3,987) [1]
Total liabilities and stockholders' deficit $ 89,925 $ 134,782 [1]
[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.