Commitments And Contingencies

6 Months Ended

Jun. 30, 2011

Commitments And Contingencies

Commitments And Contingencies

9. Commitments and Contingencies

The Company leases office space and equipment under noncancelable operating leases with various expiration dates.

The Company also makes royalty payments to the institutions who participated in the original research that produced its initial products. The Company's minimum royalty payments are $150,000 per year through December 31, 2014.

As of June 30, 2011, the Company's future minimum lease payments and future payments under its royalty agreements are as follows (in thousands):

	Remaining 2011		2012		2013		2014			2015 and thereafter		Total
Contractual Obligations:
Operating lease obligations (net of sublease income)	$	611	$	1,274	$	1,242	$	—	$		—	$	3,127
Minimum royalty obligations		—		150		150		150			—		450
Total	$	611	$	1,424	$	1,392	$	150	$		—	$	3,577