Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 49,759us-gaap_CashAndCashEquivalentsAtCarryingValue $ 99,521us-gaap_CashAndCashEquivalentsAtCarryingValue
Marketable securities (Note 3) 20,002us-gaap_MarketableSecuritiesCurrent 0us-gaap_MarketableSecuritiesCurrent
Prepaid expenses and other current assets 702us-gaap_PrepaidExpenseAndOtherAssetsCurrent 510us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 70,463us-gaap_AssetsCurrent 100,031us-gaap_AssetsCurrent
Property & equipment, net 52us-gaap_PropertyPlantAndEquipmentNet 447us-gaap_PropertyPlantAndEquipmentNet
Restricted cash 14,586us-gaap_RestrictedCashAndCashEquivalentsNoncurrent 0us-gaap_RestrictedCashAndCashEquivalentsNoncurrent
Long-term investments, at fair value (Note 9) 4,160us-gaap_LongTermInvestments 0us-gaap_LongTermInvestments
Other assets 70us-gaap_OtherAssetsNoncurrent 104us-gaap_OtherAssetsNoncurrent
Total Assets 89,331us-gaap_Assets 100,582us-gaap_Assets
Current Liabilities:    
Accounts payable 366us-gaap_AccountsPayableCurrent 468us-gaap_AccountsPayableCurrent
Interest payable 28us-gaap_InterestPayableCurrent 109us-gaap_InterestPayableCurrent
Accrued expenses 3,683us-gaap_AccruedLiabilitiesCurrent 4,430us-gaap_AccruedLiabilitiesCurrent
Current portion of note payable 0us-gaap_NotesPayableCurrent 6,203us-gaap_NotesPayableCurrent
Total current liabilities 4,077us-gaap_LiabilitiesCurrent 11,210us-gaap_LiabilitiesCurrent
Note payable 14,009us-gaap_LongTermNotesPayable 7,017us-gaap_LongTermNotesPayable
Other long-term liabilities 722us-gaap_OtherLiabilitiesNoncurrent 1,077us-gaap_OtherLiabilitiesNoncurrent
Total Liabilities 18,808us-gaap_Liabilities 19,304us-gaap_Liabilities
Commitments and Contingencies (Note 7)      
Stockholders' Equity:    
Common Stock, $.001 par value, 100,000,000 shares authorized, 46,494,034 and 39,652,950 shares issued and outstanding as of December 31, 2014 and 2013, respectively 46us-gaap_CommonStockValue 40us-gaap_CommonStockValue
Additional paid-in capital 212,205us-gaap_AdditionalPaidInCapital 202,580us-gaap_AdditionalPaidInCapital
Accumulated deficit (141,728)us-gaap_RetainedEarningsAccumulatedDeficit (121,342)us-gaap_RetainedEarningsAccumulatedDeficit
Total Stockholders' Equity 70,523us-gaap_StockholdersEquity 81,278us-gaap_StockholdersEquity
Total Liabilities and Stockholders' Equity 89,331us-gaap_LiabilitiesAndStockholdersEquity 100,582us-gaap_LiabilitiesAndStockholdersEquity
Series C Convertible Preferred Stock [Member]    
Stockholders' Equity:    
Convertible Preferred stock, $.001 par value, 129,767 Series C shares authorized, 0 shares issued and outstanding as of December 31, 2014 and 2013, respectively $ 0us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember
$ 0us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember