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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 25,891 $ 31,310
Marketable securities 36,998 19,663
Collaboration receivable   116
Prepaid expenses and other current assets 832 431
Total current assets 63,721 51,520
Property and equipment, net 1,403 2,181
Other assets 497 366
Total assets 65,621 54,067
Current liabilities:    
Accounts payable 1,999 1,925
Accrued contract research costs 2,871 2,511
Other accrued liabilities 2,909 4,194
Capital lease obligations 31 201
Deferred collaboration revenue 4,446 4,572
Current portion of term loans 3,093 3,333
Total current liabilities 15,349 16,736
Long-term liabilities:    
Capital lease obligations 20 26
Deferred collaboration revenue   2,159
Term loans, net of current portion 13,815 11,667
Total long-term liabilities 13,835 13,852
Total liabilities 29,184 30,588
Stockholders' equity:    
Preferred stock, par value $0.0001 per share Authorized: 5,000,000 shares at June 30, 2011 and December 31, 2010; no shares issued and outstanding at June 30, 2011 and December 31, 2010    
Common stock, par value $0.0001 per share Authorized: 100,000,000 shares at June 30, 2011 and December 31, 2010; 49,473,070 and 42,090,205 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively 5 4
Additional paid-in-capital 411,375 374,528
Accumulated other comprehensive income (loss) 10 (3)
Accumulated deficit (374,953) (351,050)
Total stockholders' equity 36,437 23,479
Total liabilities and stockholders' equity $ 65,621 $ 54,067