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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating activities      
Net (loss) income $ (46,284) $ 53,815 $ (38,463)
Income from discontinued operations   (77,040) (612)
Loss from continuing operations (46,284) (23,225) (39,075)
Adjustments to reconcile (loss) income from continuing operations to net cash used in operating activities:      
Gain on sale of property and equipment   (25) (54)
Change in fair value of warrant liability 710 85  
Unrealized loss (gain) on marketable securities (57) 1 (2)
Depreciation and amortization 871 879 1,188
Income tax benefit 0 (16,245) (399)
Amortization of deferred financing costs and debt discount 330 218  
Stock-based compensation expense 443 (82) 297
Changes in operating assets and liabilities:      
Accounts receivable (11) 44 284
Interest receivable (664) 114 220
Inventory (1,152)    
Prepaid expenses and other assets (516) (247) 74
Accounts payable, accrued expenses, and supplemental executive retirement plan (1,098) (959) 5,211
Deferred revenue 120 697  
Other non-current liabilities 109 539 64
Net cash used in operating activities from continuing operations (47,199) (38,206) (32,192)
Net cash (used in) provided by operating activities from discontinued operations   2,021 (352)
Net cash used in operating activities (47,199) (36,185) (32,544)
Cash flows from investing activities      
Purchases of marketable securities (97,674) (17,890) (32,781)
Sales and maturities of marketable securities 49,468 26,870 58,898
Purchases of property and equipment, net (753) (685) (294)
Net cash provided by (used in) investing activities from continuing operations (48,959) 8,295 25,823
Net cash provided by disposal/sale of discontinued operations   25,607  
Net cash provided by (used in) investing activities (48,959) 33,902 25,823
Cash flows from financing activities      
Proceeds from issuance of common stock 100,735 29 4
Proceeds from issuance of secured notes payable   30,000  
Repayments of secured notes payable (6,775)    
Financing costs and underwriters discounts (6,044) (975) (1,345)
Net cash (used in) provided by financing activities from continuing operations 87,916 29,054 (1,341)
Net cash provided by (used in) financing activities from discontinued operations   (1,967) 397
Net cash (used in) provided by financing activities 87,916 27,087 (944)
Net change in cash and cash equivalents (8,242) 24,804 (7,665)
Cash and cash equivalents at beginning of year 48,544 23,740 31,405
Cash and cash equivalents at end of year 40,302 48,544 23,740
Supplemental cash flow information:      
Cash paid for interest-Continuing operations 2,938 1,412  
Noncash financial activity:      
Conversion of preferred stock 49    
Issuance of warrants   612  
Exercise of warrants $ 1,156