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Restructuring
6 Months Ended
Jun. 30, 2012
Restructuring [Abstract]  
Restructuring

Note 10. Restructuring

On March 5, 2012, the Company’s board of directors committed to a restructuring plan whereby the Company reduced its workforce by 43 individuals. The restructuring plan was approved in connection with the Company’s plan to focus its resources on its NGX-1998 development program. The Company communicated the plan to the impacted employees on March 7, 2012 with the expectation that the restructuring would be effective and completed on or about such date. The Company recorded a cash charge for severance and other payroll related termination costs of $1.4 million in the three months ended March 31, 2012, of which, approximately $0.2 million and $1.4 million was paid during the three and six months ended June 30, 2012, respectively. As of June 30, 2012, the Company had $28,000 in accrued restructuring costs remaining for severance and other payroll related termination costs. The Company also recorded an additional non-cash charge of $0.8 million related to inventory and capital equipment write-downs, as well as stock compensation charges for modifications to the impacted employees’ equity awards under the 2000 Stock Incentive Plan and 2007 Stock Plan. Of the total $2.2 million recorded as restructuring charges, $0.6 million was charged to cost of goods sold, $0.2 million was charged to research and development expenses, $1.3 million was charged to selling, general and administrative expenses and $0.1 million was charged to other expenses.