Annual report pursuant to Section 13 and 15(d)

Accrued Liabilities and other Long-Term Liabilities

v2.4.0.8
Accrued Liabilities and other Long-Term Liabilities
12 Months Ended
Dec. 31, 2013
Payables and Accruals [Abstract]  
Accrued Expenses and Other Long-Term Liabilities
5. Accrued Liabilities and other Long-Term Liabilities
 
Accrued expenses and other long-term liabilities consisted of the following:
 
 
 
As of December 31,
 
 
 
2013
 
2012
 
($ in thousands)
 
 
 
 
 
 
 
Accrued expenses:
 
 
 
 
 
 
 
Salaries, bonuses and related benefits
 
$
450
 
$
1,064
 
Severance (Note 15)
 
 
1,502
 
 
354
 
Professional fees
 
 
351
 
 
320
 
Research and development expenses
 
 
1,245
 
 
403
 
State franchise taxes
 
 
190
 
 
—
 
Ovamed manufacturing rights – short-term component (Note 14)
 
 
500
 
 
—
 
Other
 
 
192
 
 
44
 
Total accrued expenses
 
$
4,430
 
$
2,185
 
Other long-term liabilities:
 
 
 
 
 
 
 
Hercules Note end of term charge (Note 10)
 
 
398
 
 
398
 
Ovamed manufacturing rights – long-term component (Note 14)
 
 
679
 
 
1,043
 
Total other long-term liabilities
 
$
1,077
 
$
1,441