XML 27 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Balance Sheets (unaudited) (USD $)
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 6,533,645 $ 19,707,821
Marketable securities, current 9,123,188 190,804
Trade receivables 81,838 118,890
Other receivables 433,899 151,144
Prepaid assets 591,390 610,980
Other assets, current 489,039 389,039
Total current assets 17,252,999 21,168,678
Property, plant and equipment, net 2,248,319 2,626,821
Other assets, non-current 1,930,418 1,931,871
Goodwill 1,959,642 1,877,315
Other intangible assets, net 2,930,052 2,996,888
Total assets 26,321,430 30,601,573
Current liabilities:    
Accounts payable 1,350,309 1,098,962
Accrued expenses and other current liabilities 1,666,914 2,828,168
Accrued wind-down expenses, current 1,406,465 1,310,571
Deferred revenue, current 23,593 45,885
Capital lease obligation, current 52,749 67,847
Deferred rent, current 2,584 0
Bonds payable, current 183,750 176,250
Total current liabilities 4,686,364 5,527,683
Capital lease obligation, non-current 0 17,979
Bonds payable, non-current 430,000 522,500
Fair value of warrant liability 1,868,745 6,671,929
Deposits and other long-term liabilities 291,807 276,439
Accrued wind-down expenses, non-current 1,363,353 1,989,800
Deferred rent, non-current 714,667 1,227
Deferred revenue, non-current 104,974 113,387
Total liabilities 9,459,910 15,120,944
Commitments and contingencies (Note 7)    
Stockholders' equity:    
Common stock, $0.01 par value; 75,000,000 shares authorized; issued and outstanding 13,865,574 at June 30, 2011 and 12,731,287 at December 31, 2010* 1,386,557 [1] 1,273,128 [1]
Additional paid-in capital 336,327,613 325,359,265
Accumulated deficit (321,053,914) (311,271,486)
Accumulated other comprehensive income 201,264 119,722
Total stockholders' equity 16,861,520 15,480,629
Total liabilities and stockholders' equity $ 26,321,430 $ 30,601,573
[1] Adjusted for the 1-for-10 reverse stock split as discussed in Note 1