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Fair Value of Assets and Liabilities (Tables)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Fair Value of Assets and Liabilities [Abstract]    
Assets and liabilities measured and recorded in the financial statements at fair value on a recurring basis
                                 

(In thousands)

  Total     Quoted
Prices
in Active
Markets
for Identical
Assets or
Liabilities
(Level 1)
    Significant
Other
Observable
Inputs
(Level 2)
    Significant
Unobservable
Inputs
(Level 3)
 

March 31, 2013

                               

Assets

                               

Money market fund

  $ 6,102     $ 6,102     $ —       $ —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Total assets

  $ 6,102     $ 6,102     $ —       $ —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Total liabilities

  $ —       $ —       $ —       $ —    
   

 

 

   

 

 

   

 

 

   

 

 

 

December 31, 2012

                               

Assets

                               

Money market fund

  $ 9,990     $ 9,990     $ —       $ —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Total assets

  $ 9,990     $ 9,990     $ —       $ —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Total liabilities

  $ —       $ —       $ —       $ —    
   

 

 

   

 

 

   

 

 

   

 

 

 
 
Assumptions and other inputs used to compute the fair value of the warrant liability  
                 
    March 31
2012
    December 31,
2011
 

Common stock price

  $ 1.73     $ 1.05  

Expected warrant exercise price

  $ 1.63     $ 1.46  

Remaining term of warrant (years)

    4.6       4.8  

Expected volatility

    61     58

Average risk free interest rate

    0.9     0.8

Expected dividend yield

    —         —    

Expected percentage of warrants to be exercised

    100     100