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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 17,933 $ 6,891
Prepaid expenses and other current assets 259 150
Total current assets 18,192 7,041
Equipment and furnishings, net 436 419
In-process research & development (Note 2) 12,864 0
Goodwill 845 0
Deposits 16 16
Total assets 32,353 7,476
Current liabilities:    
Accounts payable 1,065 724
Accrued expenses and other current liabilities 1,785 1,113
Deferred revenue 578 0
Current maturities of capital lease obligations 59 51
Fair value of stock options modified (Note 7) 682 0
Fair value of warrants potentially settleable in cash (Note 7) 11,882 3,138
Current contingent purchase price consideration 768 0
Total current liabilities 16,819 5,026
Capital lease obligations, net of current maturities 10 20
Contingent purchase price consideration, net of current portion 5,664 0
Total liabilities 22,493 5,046
Commitments and contingencies (Note 6)    
Stockholders' equity:    
Preferred stock, $0.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.0001 par value; 50,000,000 shares authorized; 42,511,800 shares issued and 41,836,800 shares outstanding and 19,047,759 shares issued and 18,372,759 outstanding at June 30, 2011 and December 31, 2010, respectively 4 2
Additional paid-in capital 74,675 62,020
Deficit accumulated during the developmental stage (60,970) (55,743)
Less treasury shares at cost, 675,000 shares (3,849) (3,849)
Total stockholders' equity 9,860 2,430
Total liabilities and stockholders' equity $ 32,353 $ 7,476