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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 31,201 $ 10,489
Prepaid expenses and other current assets 90 198
Total current assets 31,291 10,687
Property and equipment, net 1 3
Equity method investment in Galectin Sciences, LLC 10  
Intangible assets, net 17 23
Total assets 31,319 10,713
Current liabilities:    
Accounts payable 838 762
Accrued expenses 542 1,651
Accrued dividends payable   73
Total current liabilities 1,380 2,486
Total liabilities 1,380 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 September 30, 2014 and December 31, 2013      
Series A 12% convertible preferred stock; 5,000,000 shares authorized, 1,402,500 and 1,452,500 issued and outstanding at September 30, 2014 and December 31, 2013, respectively; liquidation value $1,402,500 at September 30, 2014 567 587
Common stock, $0.001 par value; 50,000,000 shares authorized at September 30, 2014 and December 31, 2013, 22,123,583 and 18,386,900 issued and outstanding at September 30, 2014 and December 31, 2013, respectively 22 18
Additional paid-in capital 137,518 102,841
Accumulated deficit (114,890) (101,965)
Total stockholders' equity 23,217 1,481
Total liabilities, redeemable convertible preferred stock and stockholders' equity 31,319 10,713
Series B-1 12% redeemable convertible preferred stock
   
Current liabilities:    
Convertible preferred stock, value 1,727 1,715
Series B-2 12% redeemable convertible preferred stock
   
Current liabilities:    
Convertible preferred stock, value 3,272 3,112
Series C super dividend convertible preferred stock
   
Current liabilities:    
Convertible preferred stock, value $ 1,723 $ 1,919