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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Dec. 31, 2010
Current assets:      
Cash and cash equivalents $ 6,417 $ 3,338 $ 8,902
Marketable securities 18,322 14,509 24,852
Restricted cash     483
Interest receivable 65 61 169
Contract receivables 69 177 509
Prepaid expenses and other current assets 824 519 400
Total current assets 25,697 18,604 35,315
Restricted cash 205 205  
Property and equipment, net 256 427 447
Intangible and other assets 2,120 111 222
Total assets 28,278 19,347 35,984
Current liabilities:      
Accounts payable 2,503 266 1,174
Accrued compensation 402 832 737
Deferred revenue, short-term   5,630 15,694
Deferred rent, short-term 89 53 195
Accrued research and clinical liabilities 790 1,079 1,034
Other accrued liabilities 255 248 360
Total current liabilities 4,039 8,108 19,194
Deferred revenue, long-term     3,913
Deferred rent, long-term 93 163  
Notes payable 4,815    
Convertible preferred stock warrant liabilities 584 117 69
Other liabilities, long-term 198 126 33
Total liabilities 9,729 8,514 23,209
Commitments and contingencies (Note 8)         
Convertible preferred stock, $0.001 par value: 39,108,536 shares authorized at December 31, 2010 and 2011, and 60,152,555 shares authorized at September 30, 2012; 10,657,030 shares issued and outstanding at December 31, 2010 and 2011, and 12,329,330 shares issued and outstanding at September 30, 2012; no shares authorized, issued and outstanding at September 30, 2012 pro forma (unaudited); aggregate liquidation preference of $85,262 at December 31, 2011 and $105,512 at September 30, 2012 102,023 83,178 83,178
Stockholders' deficit:      
Common stock, $0.001 par value: 60,000,000 shares authorized at December 31, 2010 and 2011, and 80,000,000 shares authorized at September 30, 2012 (unaudited); 1,856,765, 1,986,431 and 2,167,041 shares issued and outstanding at December 31, 2010 and 2011 and September 30, 2012 (unaudited), respectively; 47,500,000 shares authorized and 14,497,501 shares issued and outstanding at September 30, 2012 pro forma (unaudited) 2 2 2
Additional paid-in capital 3,083 2,412 2,124
Accumulated other comprehensive income (loss) 11 (1) (3)
Accumulated deficit (86,570) (74,758) (72,526)
Total stockholders' (deficit) equity (83,474) (72,345) (70,403)
Total liabilities, convertible preferred stock and stockholders' (deficit) equity 28,278 19,347 35,984
Pro Forma
     
Current liabilities:      
Commitments and contingencies (Note 8)       
Stockholders' deficit:      
Common stock, $0.001 par value: 60,000,000 shares authorized at December 31, 2010 and 2011, and 80,000,000 shares authorized at September 30, 2012 (unaudited); 1,856,765, 1,986,431 and 2,167,041 shares issued and outstanding at December 31, 2010 and 2011 and September 30, 2012 (unaudited), respectively; 47,500,000 shares authorized and 14,497,501 shares issued and outstanding at September 30, 2012 pro forma (unaudited) 14    
Additional paid-in capital 105,678    
Accumulated other comprehensive income (loss) 11    
Accumulated deficit (86,570)    
Total stockholders' (deficit) equity $ 19,133