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STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended 95 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Research contract revenue $ 200   $ 267   $ 267
Operating expenses:          
Research and development, including costs of research contracts 9,125 2,222 33,766 4,161 105,582
General and administrative 3,923 2,894 7,275 5,524 61,086
Total operating expenses 13,048 5,116 41,041 9,685 166,668
Loss from operations (12,848) (5,116) (40,774) (9,685) (166,401)
Other income, net 9 13 7 22 4,682
Change in fair value of warrants 2,115 14,142 (8,965) 1,049 (11,827)
Net income (loss) $ (10,724) $ 9,039 $ (49,732) $ (8,614) $ (173,546)
Net income (loss) per share - basic $ (0.16) $ 0.21 $ (0.78) $ (0.21)  
Net income (loss) per share - diluted $ (0.16) $ 0.19 $ (0.78) $ (0.21)  
Weighted average common shares outstanding to compute net income (loss) per share - basic 67,229,098 42,364,791 63,839,723 41,253,076  
Weighted average common shares outstanding to compute net income (loss) per share - diluted 67,229,098 48,822,686 63,839,723 41,253,076