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Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2011
Sep. 30, 2010
Current:    
Cash and cash equivalents $ 38,701 $ 22,922
Restricted cash 60 150
Marketable securities, available for sale   6,001
Taxes receivable 35 116
Other receivable 1 11
Prepaid and other assets 399 365
Total current assets 39,196 29,565
Property and equipment, net 2,253 2,998
Intellectual property, net 49 53
Long term other assets 7  
Total assets 41,505 32,616
Current:    
Accounts payable 222 1,989
Accrued expenses:    
Clinical trial expenses 763 1,362
Payroll and related 1,118 357
Accounting and legal fees 191 300
Severance 688  
Other 204 334
Income taxes payable 103 45
Total current liabilities 3,289 4,387
Common stock warrant liability 996 4,169
Severance payable, long term portion 142  
Total liabilities 4,427 8,556
Commitments     
Stockholders' equity:    
Convertible preferred stock, $.01 par value; 50,000,000 shares authorized, none and 1,813,944 issued and outstanding 18  
Common stock, $.01 par value; 100,000,000 shares authorized; 26,399,764 and 38,647,683 issued and outstanding 386 264
Additional paid-in capital 212,020 188,549
Accumulated other comprehensive loss   1
Deficit accumulated during the development stage (175,346) (164,754)
Total stockholders' equity 37,078 24,060
Total liabilities and stockholders' equity $ 41,505 $ 32,616