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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 9,067 $ 12,416
Available-for-sale securities 12,049 20,086
Prepaid expenses and other current assets 1,573 1,547
Total Current Assets 22,689 34,049
Property and equipment, net 108 30
Security deposits 93 20
Due from controlling shareholder   3,306
Total Assets 22,890 37,405
Current Liabilities:    
Accounts payable 5,978 5,255
Accrued expenses 3,312 2,060
Total Current Liabilities 9,290 7,315
Derivative financial instruments, at estimated fair value-warrants 6,351 5,258
Total Liabilities 15,641 12,573
Stockholders' Equity:    
Preferred stock, Authorized 20,000,000 shares, at March 31, 2013 and December 31, 2012, none outstanding      
Common stock, par value of $.0001 authorized 200,000,000 shares at March 31, 2013 and 100,000,000 shares at December 31, 2012. Issued and outstanding 73,779,680 and 66,621,832 shares at March 31, 2013 and December 31, 2012, respectively. 8 7
Additional paid-in capital 134,991 133,878
Deficit accumulated during development stage (127,750) (109,053)
Total Stockholders' Equity 7,249 24,832
Total Liabilities and Stockholders' Equity $ 22,890 $ 37,405