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Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 22,570 $ 23,059
Prepaid expenses and other 450 333
Total current assets 23,020 23,392
Property and equipment, net 581 213
Other assets 243 481
Other assets-equipment funding (note 9(c )) 6,763 6,763
Total assets 30,607 30,849
Current liabilities:    
Current portion of long-term debt 378 8,412
Accounts payable 800 1,967
Accrued expenses 1,995 2,018
Total current liabilities 3,173 12,397
Other long-term liabilities 83  
Long-term debt 8,102 5,481
Warrant liability 16,236  
Total liabilities 27,594 17,878
Commitments (note 9)      
Stockholders' equity:    
Preferred stock, $0.001 par value; authorized 10,000,000 shares; issued and outstanding 8,804 and 0 at December 31, 2012 and December 31, 2011, respectively (liquidation value of $17,608 at December 31, 2012) 7,255  
Common stock, $0.001 par value; authorized 90,000,000 shares; issued and outstanding 20,023,949 and 14,748,582 shares at December 31, 2012 and December 31, 2011, respectively 20 15
Additional paid-in capital 136,506 115,940
Deficit accumulated during the development stage (140,768) (102,984)
Total stockholders' equity 3,013 12,971
Total liabilities and stockholders' equity $ 30,607 $ 30,849