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Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended 127 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Cash flows from operating activities:      
Net loss $ (9,711) $ (12,799) $ (350,542)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 124 199 3,437
Stock-based compensation 1,223 1,541 24,911
Change in fair value of warrants (82) (10,788) (12,038)
Loss on disposal of fixed assets     641
Common stock issued in exchange for in-process research and development     36,151
(Increase) decrease in:      
Receivables 118 (14) (27)
Prepaid expenses and other current assets 359 2,078 (1,589)
Other noncurrent assets 11 258 (517)
Deposits     (128)
Increase (decrease) in:      
Accounts payable 156 (526) 578
Accrued expenses (605) 2,005 5,752
Deferred revenue (200) (200) 2,533
Deferred rent (47) 3 1,016
Other noncurrent liabilities     20
Net cash used in operating activities (8,654) (18,243) (289,802)
Cash flows from investing activities:      
Purchases of property and equipment (2) (114) (4,760)
Proceeds from sale of property and equipment     2
Net cash used in investing activities (2) (114) (4,758)
Cash flows from financing activities:      
Stockholders' capital contribution     500
Proceeds from exercise of stock options 969 851 3,298
Payments to employees for repurchase of common stock (132) (246) (3,496)
Proceeds from exercise of warrants   101 13,278
Proceeds from issuance of common stock and warrants, net     324,605
Proceeds from issuance of preferred stock, net     16,760
Net cash provided by financing activities 837 706 354,945
Net increase (decrease) in cash and cash equivalents (7,819) (17,651) 60,385
Cash and cash equivalents, beginning of period 68,204 73,306  
Cash and cash equivalents, end of period 60,385 55,655 60,385
Supplementary disclosure of cash flow information:      
Cash paid for interest         
Cash paid for income taxes         
Supplementary disclosure of noncash investing and financing activities:      
Warrants issued to placement agents and investors     47,276
Exercise of liability-classified warrants to common shares     764
Convertible Preferred Stock
     
Supplementary disclosure of noncash investing and financing activities:      
Preferred stock conversion/exercise of equity-classified warrants to common stock     16,760
Warrants
     
Supplementary disclosure of noncash investing and financing activities:      
Preferred stock conversion/exercise of equity-classified warrants to common stock   $ 72 $ 9,789