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Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Dec. 31, 2011
CURRENT ASSETS:      
Cash and cash equivalents $ 112,246 $ 53,613 $ 170,323
Short-term investments 95,358 77,656 17,766
Receivables from collaborations 3,494 662 955
Prepaid expenses and other current assets 3,970 2,982 471
Total current assets 215,068 134,913 189,515
Property and equipment, net 2,516 2,861 3,888
Long-term investments 27,586 6,115  
Other assets 220 2,112  
Total assets 245,390 146,001 193,403
Current liabilities:      
Accounts payable 4,676 4,840 2,823
Accrued compensation and employee benefits 1,673 1,860 2,840
Accrued and other liabilities 16,325 7,399 4,034
Deferred revenue - current portion 6,696 4,042 9,924
Convertible preferred stock warrant liability    683 766
Total current liabilities 29,370 18,824 20,387
Deferred revenue - noncurrent portion 337   59,544
Other long-term liabilities 1,087 1,466 2,297
Total liabilities 30,794 20,290 82,228
Commitments and contingencies         
Convertible preferred stock   317,280 317,280
Stockholders' (deficit):      
Preferred stock, $0.001 par value. 5,000,000 shares authorized at June 30, 2013; Zero issued and outstanding        
Common stock 35 1 1
Additional paid-in capital 456,657 10,717 7,581
Accumulated deficit (242,060) (202,320) (213,686)
Accumulated other comprehensive income (loss) (36) 33 (1)
Total stockholders' (deficit) 214,596 (191,569) (206,105)
Total liabilities, convertible preferred stock and stockholders' (deficit) $ 245,390 $ 146,001 $ 193,403