XML 19 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 108,430us-gaap_CashAndCashEquivalentsAtCarryingValue $ 119,302us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net 152us-gaap_AccountsReceivableNetCurrent 109us-gaap_AccountsReceivableNetCurrent
Other current assets 3,006us-gaap_OtherAssetsCurrent 2,515us-gaap_OtherAssetsCurrent
Total current assets 111,588us-gaap_AssetsCurrent 121,926us-gaap_AssetsCurrent
Fixed assets, at cost, net of accumulated depreciation and amortization 2,473us-gaap_PropertyPlantAndEquipmentNet 2,552us-gaap_PropertyPlantAndEquipmentNet
Intangible assets, net (Note 5) 28,700pgnx_BusinessEntityAcquisitionPurchasePriceAllocationIntangibleAssetsOtherThanGoodwill 28,700pgnx_BusinessEntityAcquisitionPurchasePriceAllocationIntangibleAssetsOtherThanGoodwill
Goodwill 7,702pgnx_BusinessEntityAcquisitionPurchasePriceAllocationGoodwillAmount 7,702pgnx_BusinessEntityAcquisitionPurchasePriceAllocationGoodwillAmount
Other assets 157us-gaap_OtherAssetsNoncurrent 157us-gaap_OtherAssetsNoncurrent
Total assets 150,620us-gaap_Assets 161,037us-gaap_Assets
Current liabilities:    
Accounts payable and accrued expenses 5,301us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 6,570us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Other current liabilities 115us-gaap_OtherLiabilitiesCurrent 115us-gaap_OtherLiabilitiesCurrent
Total current liabilities 5,416us-gaap_LiabilitiesCurrent 6,685us-gaap_LiabilitiesCurrent
Contingent consideration liability 17,500us-gaap_BusinessCombinationContingentConsiderationLiabilityNoncurrent 17,200us-gaap_BusinessCombinationContingentConsiderationLiabilityNoncurrent
Deferred tax liability - long term 11,332us-gaap_DeferredTaxLiabilities 11,332us-gaap_DeferredTaxLiabilities
Other liabilities 899us-gaap_OtherLiabilitiesNoncurrent 911us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 35,147us-gaap_Liabilities 36,128us-gaap_Liabilities
Commitments and contingencies (Note 10)      
Stockholders' equity:    
Preferred stock, $.001 par value; 20,000,000 shares authorized; issued and outstanding - none 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, $.0013 par value; 160,000,000 shares authorized; issued - 69,844,949 in 2015 and 69,832,949 in 2014 91us-gaap_CommonStockValue 91us-gaap_CommonStockValue
Additional paid-in capital 590,644us-gaap_AdditionalPaidInCapitalCommonStock 589,826us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated deficit (472,521)us-gaap_RetainedEarningsAccumulatedDeficit (462,267)us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock, at cost (200,000 shares in 2015 and 2014) (2,741)us-gaap_TreasuryStockValue (2,741)us-gaap_TreasuryStockValue
Total stockholders' equity 115,473us-gaap_StockholdersEquity 124,909us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 150,620us-gaap_LiabilitiesAndStockholdersEquity $ 161,037us-gaap_LiabilitiesAndStockholdersEquity