General form of registration statement for all companies including face-amount certificate companies

Accrued Liabilities

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Accrued Liabilities
3 Months Ended 12 Months Ended
Mar. 31, 2012
Dec. 31, 2011
Accrued Liabilities [Abstract]    
Accrued Liabilities
4. Accrued Liabilities

Accrued expenses consisted of the following:

 

                 
($ in thousands)   As of March  31,
2012
    As of December  31,
2011
 

Salaries, bonuses and related benefits

  $ 347     $ 493  

Professional fees

    206       215  

Research and development expenses

    232       653  

Accrued milestones

    1,950       1,500  

Other

    88       38  
   

 

 

   

 

 

 

Total accrued expenses

  $ 2,823     $ 2,899  
   

 

 

   

 

 

 

Accrued milestones at March 31, 2012 include milestones due to OvaMed for $1.7 million and a milestone payment due to University College of London Business PLC, (“UCLB”) for $250,000.

 

5. Accrued Liabilities

Accrued expenses consisted of the following:

 

                 
    As of December 31,  
($ in thousands)   2011     2010  

Salaries, bonuses and related benefits

  $ 493     $ 553  

Professional fees

    215       309  

Research and development expenses

    653       143  

Accrued milestone

    1,500       —    

Other

    38       32  
   

 

 

   

 

 

 

Total accrued expenses

  $ 2,899     $ 1,037