XML 41 R53.htm IDEA: XBRL DOCUMENT v2.4.1.9
Quarterly Consolidated Financial Data (Unaudited) (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Costs and expenses:                      
Research and Development $ 24,550us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $ 20,946us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $ 24,479us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $ 13,299us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $ 16,449us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $ 10,782us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $ 9,055us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $ 14,344us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $ 83,274us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $ 50,630us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $ 29,294us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
Purchased in-process research and development                     1,000us-gaap_ResearchAndDevelopmentInProcess
General and administrative 3,041us-gaap_GeneralAndAdministrativeExpense 2,506us-gaap_GeneralAndAdministrativeExpense 2,279us-gaap_GeneralAndAdministrativeExpense 3,178us-gaap_GeneralAndAdministrativeExpense 2,908us-gaap_GeneralAndAdministrativeExpense 2,692us-gaap_GeneralAndAdministrativeExpense 2,803us-gaap_GeneralAndAdministrativeExpense 3,278us-gaap_GeneralAndAdministrativeExpense 11,004us-gaap_GeneralAndAdministrativeExpense 11,681us-gaap_GeneralAndAdministrativeExpense 7,941us-gaap_GeneralAndAdministrativeExpense
Loss from Operations (27,591)us-gaap_OperatingIncomeLoss (23,452)us-gaap_OperatingIncomeLoss (26,758)us-gaap_OperatingIncomeLoss (16,477)us-gaap_OperatingIncomeLoss (19,357)us-gaap_OperatingIncomeLoss (13,474)us-gaap_OperatingIncomeLoss (11,858)us-gaap_OperatingIncomeLoss (17,622)us-gaap_OperatingIncomeLoss (94,278)us-gaap_OperatingIncomeLoss (62,311)us-gaap_OperatingIncomeLoss (38,235)us-gaap_OperatingIncomeLoss
Amortization of deferred financing costs (411)us-gaap_AmortizationOfFinancingCosts               (411)us-gaap_AmortizationOfFinancingCosts    
Interest and investment income/ (expense), net (includes interest expense of $2,500 on Senior Convertible Debentures for year 2014) (2,511)us-gaap_InvestmentIncomeNet 19us-gaap_InvestmentIncomeNet (1)us-gaap_InvestmentIncomeNet 29us-gaap_InvestmentIncomeNet         (2,464)us-gaap_InvestmentIncomeNet 38us-gaap_InvestmentIncomeNet 218us-gaap_InvestmentIncomeNet
Tax credits     83us-gaap_OtherNonoperatingIncome           83us-gaap_OtherNonoperatingIncome   506us-gaap_OtherNonoperatingIncome
Interest and investment income         11us-gaap_InvestmentIncomeInterest 14us-gaap_InvestmentIncomeInterest 16us-gaap_InvestmentIncomeInterest 17us-gaap_InvestmentIncomeInterest      
Interest expense         (21)us-gaap_InterestExpense            
Change in fair value of derivative instruments-warrants (42)us-gaap_UnrealizedGainLossOnDerivatives 425us-gaap_UnrealizedGainLossOnDerivatives 756us-gaap_UnrealizedGainLossOnDerivatives 223us-gaap_UnrealizedGainLossOnDerivatives (484)us-gaap_UnrealizedGainLossOnDerivatives (77)us-gaap_UnrealizedGainLossOnDerivatives 1,803us-gaap_UnrealizedGainLossOnDerivatives (1,093)us-gaap_UnrealizedGainLossOnDerivatives 1,362us-gaap_UnrealizedGainLossOnDerivatives 149us-gaap_UnrealizedGainLossOnDerivatives (1,933)us-gaap_UnrealizedGainLossOnDerivatives
Total Other (Loss)/ Income (2,964)us-gaap_NonoperatingIncomeExpense 444us-gaap_NonoperatingIncomeExpense 838us-gaap_NonoperatingIncomeExpense 252us-gaap_NonoperatingIncomeExpense (494)us-gaap_NonoperatingIncomeExpense (63)us-gaap_NonoperatingIncomeExpense 1,819us-gaap_NonoperatingIncomeExpense (1,076)us-gaap_NonoperatingIncomeExpense (1,430)us-gaap_NonoperatingIncomeExpense 187us-gaap_NonoperatingIncomeExpense (1,209)us-gaap_NonoperatingIncomeExpense
Net loss (30,555)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (23,008)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (25,920)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (16,225)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (19,851)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (13,537)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (10,039)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (18,698)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (95,708)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (62,124)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (39,444)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Interest and investment income/ (expense), net (includes interest expense of $2,500 on Senior Convertible Debentures for year 2014), interest expense                 $ 2,500us-gaap_InterestExpenseDebt    
Weighted average common shares outstanding-basic and diluted (in shares) 96,190,332us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 94,738,048us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 94,069,703us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 92,056,124us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 90,182,115us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 90,182,115us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 87,482,939us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 72,789,006us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 94,276,178us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 85,220,458us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 61,702,277us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted
Net loss per Common Share-basic and diluted (in dollars per share) $ (0.32)us-gaap_EarningsPerShareBasicAndDiluted $ (0.24)us-gaap_EarningsPerShareBasicAndDiluted $ (0.28)us-gaap_EarningsPerShareBasicAndDiluted $ (0.18)us-gaap_EarningsPerShareBasicAndDiluted $ (0.22)us-gaap_EarningsPerShareBasicAndDiluted $ (0.15)us-gaap_EarningsPerShareBasicAndDiluted $ (0.11)us-gaap_EarningsPerShareBasicAndDiluted $ (0.26)us-gaap_EarningsPerShareBasicAndDiluted $ (1.02)us-gaap_EarningsPerShareBasicAndDiluted $ (0.73)us-gaap_EarningsPerShareBasicAndDiluted $ (0.64)us-gaap_EarningsPerShareBasicAndDiluted