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STOCK-BASED COMPENSATION AND STOCK PLANS (Tables)
3 Months Ended
Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]  
Schedule of stock-based compensation expense
 

 

    Three Months Ended
March 31,
 
    2016     2015  
Research and development   $ 190     $ 271  
General and administrative     404       547  
Total stock-based compensation expense   $ 594     $ 818  
 
Schedule of activity of options under stock plans
 
Stock Options   Number of
Shares
    Weighted
Average
Exercise Price
 
Outstanding as of December 31, 2015     8,305,950     $ 4.24  
Granted     1,472,000       1.79  
Exercised     (97,498 )     1.16  
Cancelled     (203,254 )     3.95  
Outstanding as of March 31, 2016     9,477,198     $ 3.89  
                 
Exercisable as of March 31, 2016     6,383,542     $ 4.93  
 
Schedule of shares vested, expected to vest and exercisable
 

 

    Shares     Weighted-
Average
Exercise Price
    Weighted-
Average
Remaining
Contractual
Term (in years)
    Aggregate
Intrinsic
Value
 
Vested and unvested expected to vest at March 31, 2016     9,304,672     $ 3.89       5.7     $ 452  
Exercisable at March 31, 2016     6,383,542     $ 4.93       4.1     $ 102  
 
Schedule of restricted stock activity
 

 

Restricted Stock   Number of Shares     Weighted Average
Grant Date
Fair Value
 
Unvested as of December 31, 2015     58,635     $ 2.51  
Vested     (29,306 )     2.51  
Cancelled     (53 )     2.51  
Unvested as of March 31, 2016     29,276     $ 2.51