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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 40,302 $ 48,544
Marketable securities 48,206  
Marketable securities - restricted 279 245
Accounts receivable 11  
Interest receivable 664  
Inventory 1,152  
Prepaid expenses and other 983 466
Deferred financing costs, current 144 144
Total current assets 91,741 49,399
Property and equipment, net 1,421 1,310
Purchased patents, net 683 912
Other assets 55 55
Deferred financing costs, long-term 89 2,054
Total assets 93,989 53,730
Current liabilities:    
Accounts payable and accrued expenses 10,666 11,763
Deferred revenue 508 232
Secured notes payable, net of discount 11,809 6,775
Total current liabilities 22,983 18,770
Deferred revenue, net of current portion 309 465
Secured notes payable, net of current portion and discount 11,088 22,711
Other non-current liabilities 1,509 1,399
Supplemental executive retirement plan 279 245
Warrant liability 251 697
Total liabilities 36,419 44,287
Stockholders' equity:    
Series A convertible preferred stock, $0.001 par value -49,625,000 and 65,000,000 shares authorized at December 31, 2011 and 2012, respectively; 49,000,000 and zero shares issued and outstanding at December 31, 2011 and 2012 and respectively; aggregate liquidation preference of $69,520 and zero at December 31, 2011 and 2012, respectively   49
Common stock, $0.001 par value -62,625,000 and 130,000,000 shares authorized at December 31, 2011 and 2012, respectively; 1,662,321 and 30,621,869 shares issued and outstanding at December 31, 2011 and 2012, respectively 31 2
Additional paid-in capital 143,851 49,362
Accumulated other comprehensive income (loss) (57) 1
Accumulated deficit (86,255) (39,971)
Total stockholders' equity 57,570 9,443
Total liabilities and stockholders' equity $ 93,989 $ 53,730