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STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended 150 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Revenues          
Operating expenses:          
Research and development 2,025 1,542 3,252 3,399 36,748
General and administrative expenses 883 699 1,713 1,983 23,927
Loss from operations (2,908) (2,241) (4,965) (5,382) (60,675)
Other (expense) income:          
Dividend, interest and other income   1   1 1,885
Interest expense-related parties (1,366)   (2,734)   (3,600)
Change in estimated fair value of derivative financial instruments - warrants 1,323 (2,232) 2,666 (2,588) (569)
Other (expense) income, net (43) (2,231) (68) (2,587) (2,284)
Net loss (2,951) (4,472) (5,033) (7,969) (62,959)
Preferred stock dividends (845) (787) (1,673) (1,558)  
Net loss applicable to common stock $ (3,796) $ (5,259) $ (6,706) $ (9,527)  
Net loss applicable to common stock per share, basic and diluted $ (0.14) $ (0.19) $ (0.24) $ (0.34)  
Weighted average common shares outstanding, basic and diluted 27,996,827 27,865,010 27,997,261 27,865,010