v3.8.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 80,440 $ 41,169
Accounts receivable 2,550 2,606
Prepaid expenses and other current assets 681 765
Total current assets 83,671 44,540
Property and equipment, net 128 140
Investment 3,168 2,618
Intangible assets, net 5,950 7,748
Other long-term assets 3,619 6,201
Total assets 96,536 61,247
Current liabilities:    
Accounts payable 16,107 4,646
Accounts payable - related parties 25 112
Accrued expenses 3,102 1,303
Accrued income taxes 8,953 13
Warrant liability 3,202 1,096
Other liabilities, current - other 21 86
Other liabilities, current - patent purchase 1,000 1,000
Total current liabilities 32,410 8,256
Other liabilities, non-current - patent purchase 4,438 5,500
Total liabilities 36,848 13,756
Stockholders' equity    
Preferred stock - $0.0001 par value; 10,000,000 shares authorized; 153,000 shares designated Series A-1 Redeemable Preferred Stock at December 31, 2017 0 0
Common stock - $0.0001 par value; 80,000,000 shares authorized; 27,719,828 and 27,707,328 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively 3 3
Additional paid-in capital 22,361 22,968
Retained earnings 37,324 5,555
Total stockholders' equity 59,688 28,526
Total liabilities and stockholders' equity 96,536 61,247
Series A-1 Preferred stock - $0.0001 par value, no shares and 153,000 issued and outstanding at March 31, 2018 and December 31, 2017, respectively (Liquidation preference of $19,890 at December 31, 2017)    
Redeemable Preferred Stock    
Series A-1 Preferred stock - $0.0001 par value, no shares and 153,000 issued and outstanding at March 31, 2018 and December 31, 2017, respectively (Liquidation preference of $19,890 at December 31, 2017) $ 0 $ 18,965

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