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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 13,130 $ 6,397
Prepaid expenses and other current assets 85 104
Total current assets 13,215 6,501
Property and equipment, net 4 6
Restricted cash 69 69
Intangible assets, net 34 36
Total assets 13,322 6,612
Current liabilities:    
Accounts payable 246 384
Accrued expenses 1,254 1,551
Accrued dividends payable 80 80
Deferred revenue 200 200
Total current liabilities 1,780 2,215
Total liabilities 1,780 2,215
Commitments and contingencies (Note 9)      
Stockholders' equity (deficit):    
Undesignated stock, $0.01 par value; 20,000,000 shares authorized, 8,001,000 designated at June 30, 2012 and December 31, 2011      
Series A 12% convertible preferred stock; 5,000,000 shares authorized, 1,562,500 issued and outstanding at June 30, 2012 and December 31, 2011 632 632
Common stock, $0.001 par value; 50,000,000 shares authorized at June 30, 2012 and December 31, 2011, 15,819,346 and 12,919,538 issued and outstanding at June 30, 2012 and December 31, 2011, respectively 16 13
Additional paid-in capital 78,583 66,367
Deficit accumulated during the development stage (74,325) (69,137)
Total stockholders' equity (deficit) 4,906 (2,125)
Total liabilities, redeemable convertible preferred stock and stockholders' equity (deficit) 13,322 6,612
Series B-1 12% redeemable convertible preferred stock
   
Current liabilities:    
Convertible preferred stock, value 1,689 1,681
Series B-2 12% redeemable convertible preferred stock
   
Current liabilities:    
Convertible preferred stock, value 2,793 2,687
Series C super dividend convertible preferred stock
   
Current liabilities:    
Convertible preferred stock, value $ 2,154 $ 2,154