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Subsequent Event (Tables)
3 Months Ended
Mar. 31, 2013
Subsequent Event  
Schedule of pro-forma effect on the financial position

 

 

($000’s except share amounts)

 

March 31, 2013
As Reported

 

Effect of
April 16, 2013
Public Offering

 

March 31, 2013
Pro-forma

 

 

 

 

 

 

 

 

 

Cash, cash equivalents and available for sale securities

 

$

21,116

 

$

84,444

 

$

105,560

 

Total Assets

 

22,890

 

84,444

 

107,334

 

 

 

 

 

 

 

 

 

Common Stock

 

8

 

2

 

10

 

Additional paid-in-capital

 

134,991

 

84,442

 

219,433

 

Deficit accumulated during development stage

 

(127,750

)

 

(127,750

)

Total stockholder’s equity

 

7,249

 

84,444

 

91,693

 

Total liabilities and stockholder’s equity

 

$

22,890

 

$

84,444

 

$

107,334

 

 

 

 

 

 

 

 

 

Common Shares Outstanding

 

73,779,680

 

16,375,000

 

90,154,680