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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 8,312 $ 12,416
Available-for-sale securities 83,988 20,086
Prepaid expenses and other current assets 2,349 1,547
Total Current Assets 94,649 34,049
Property and equipment, net 489 30
Security deposits 94 20
Due from controlling shareholder   3,306
Total Assets 95,232 37,405
Current Liabilities:    
Accounts payable 4,980 5,255
Accrued expenses 2,989 2,060
Total Current Liabilities 7,969 7,315
Derivative financial instruments, at estimated fair value-warrants 973 5,258
Total Liabilities 8,942 12,573
Stockholders' Equity:    
Preferred stock, Authorized 20,000,000 shares and none outstanding, at June 30, 2013 and December 31, 2012      
Common stock, par value of $.0001 authorized 200,000,000 shares at June 30, 2013 and 100,000,000 shares at December 31, 2012. Issued and outstanding 90,182,115 and 66,621,832 shares at June 30, 2013 and December 31, 2012, respectively 10 7
Additional paid-in capital 224,069 133,878
Deficit accumulated during development stage (137,789) (109,053)
Total Stockholders' Equity 86,290 24,832
Total Liabilities and Stockholders' Equity $ 95,232 $ 37,405