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Condensed Consolidated Statements of Expenses (Unaudited) (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended 103 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Expenses:          
Research and development expense $ 2,506 $ 1,484 $ 4,451 $ 2,983 $ 31,130
Research and development employee stock based compensation expense 212 267 458 540 2,865
Research and development non-employee stock based compensation expense (45) 513 (76) 667 5,987
Fair value of common stock issued in exchange for licensing rights         3,954
Total research and development expenses 2,673 2,264 4,833 4,190 43,936
General and administrative 1,610 1,654 3,531 3,102 24,641
General and administrative employee stock based compensation 328 646 1,427 1,418 8,812
Common stock warrants issued for general and administrative expenses 11 190 87 500 2,381
Fair value of common stock issued in exchange for general and administrative expenses     23   304
Total general and administrative expenses 1,949 2,490 5,068 5,020 36,138
Operating loss (4,622) (4,754) (9,901) (9,210) (80,074)
Interest income (expense) (3) 3 (4) 2 624
Other income (Note 7) 3,243 2,610 4,678 3,181 8,443
Net loss $ (1,382) $ (2,141) $ (5,227) $ (6,027) $ (71,007)
Net loss per common share:          
Basic and diluted loss per share $ (0.04) $ (0.12) $ (0.18) $ (0.35)  
Weighted average common shares outstanding:          
Basic and diluted 38,568,501 18,371,808 29,492,756 17,384,606