Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and cash equivalents $ 602 $ 8,310
Short-term investments 106
Accounts receivable, net 2,209 2,806
Other current assets 1,415 2,569
Current assets from discontinued operations 5,374
Total current assets 4,240 19,165
Property and equipment, net 929 1,460
Other intangible assets, net 36,358 43,492
Other long-term assets 251 3,255
Non-current assets from discontinued operations 14 340
Total assets 41,778 67,712
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 2,326 1,560
Accrued salary and bonus 3,551 2,424
Other accrued expenses 6,236 5,961
Current portion of long-term debt, net of debt discount 1,164
Current liabilities from discontinued operations 4,128 12,264
Total current liabilities 16,241 23,373
Contingent consideration 7,254 17,890
Long-term debt, net of debt discount 7,908 7,233
Other long-term liabilities 3,844 6,178
Total liabilities 35,247 54,674
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $.01 par value; 100,000,000 shares authorized; 2,230,506 and 1,870,506 shares issued, respectively; 2,176,252 and 1,766,252 shares outstanding, respectively 22 19
Additional paid-in capital 127,736 132,690
Accumulated deficit (119,584) (111,252)
Accumulated other comprehensive income 13
Treasury stock, at cost (54,254 and 104,254 shares, respectively) (1,643) (8,432)
Total stockholders' equity 6,531 13,038
Total liabilities and stockholders' equity $ 41,778 $ 67,712