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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 36,594 $ 10,489
Prepaid expenses and other current assets 151 198
Total current assets 36,745 10,687
Property and equipment, net 3 3
Equity method investment in Galectin Sciences, LLC 130  
Intangible assets, net 21 23
Total assets 36,899 10,713
Current liabilities:    
Accounts payable 486 762
Accrued expenses 1,451 1,651
Accrued dividends payable   73
Total current liabilities 1,937 2,486
Other long-term liabilities      
Total liabilities 1,937 2,486
Commitments and contingencies (Note 8)      
Stockholders' equity:    
Undesignated stock, $0.01 par value; 20,000,000 shares authorized, 8,001,000 designated at March 31, 2014 and December 31, 2013      
Series A 12% convertible preferred stock; 5,000,000 shares authorized, 1,452,500 issued and outstanding at March 31, 2014 and December 31, 2013, liquidation value $1,452,500 at March 31, 2014 587 587
Common stock, $0.001 par value; 50,000,000 shares authorized at March 31, 2014 and December 31, 2013, 21,906,172 and 18,386,900 issued and outstanding at March 31, 2014 and December 31, 2013, respectively 22 18
Additional paid-in capital 135,030 102,841
Deficit accumulated during the development stage (107,373) (101,965)
Total stockholders' equity 28,266 1,481
Total liabilities, redeemable convertible preferred stock and stockholders' equity 36,899 10,713
Series B-1 12% redeemable convertible preferred stock
   
Current liabilities:    
Convertible preferred stock, value 1,719 1,715
Series B-2 12% redeemable convertible preferred stock
   
Current liabilities:    
Convertible preferred stock, value 3,166 3,112
Series C super dividend convertible preferred stock
   
Current liabilities:    
Convertible preferred stock, value $ 1,811 $ 1,919