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Stockholders' Equity - Common and Preferred Shares (Tables)
6 Months Ended
Jun. 30, 2013
Stockholders' Equity - Common and Preferred Shares [Abstract]  
Summary of the Company's outstanding common stock warrants

The following is a summary of the Company’s outstanding common stock warrants as of June 30, 2013 and December 31, 2012:

 

                                 
                Number of Warrants outstanding as of:  
    Date of           (In thousands)  

Warrants Issued in Connection with:

  Issuance     Exercise Price     June 30, 2013     December 31, 2012  

Committed Equity Financing Facility

    02/19/08     $ 657.60       1       1  

Direct Registration Series I Warrants

    07/20/09     $ 504.00       12       12  

Private Placement Series A Warrants

    04/16/13     $ 3.40       1,460       —    

Private Placement Series B Warrants

    04/16/13     $ 3.40       1,377       —    
                   

 

 

   

 

 

 

Total Warrants Outstanding

                    2,850       13  
                   

 

 

   

 

 

 
Summary of the Company's stock option activity under its 2005 Plan

The following is a summary of the Company’s stock option activity under its 2005 Plan for the six months ended June 30, 2013:

 

                                 
    Shares     Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Life
    Aggregate
Intrinsic
Value
 
    (In thousands)           (Years)     (In thousands)  

Options outstanding at December 31, 2012

    143     $ 19.73       8.64     $ —    

Granted

    77     $ 4.38             $ —    

Forfeited and expired

    (42   $ 17.66             $ —    
   

 

 

                         

Options outstanding at June 30, 2013

    178     $ 13.66       8.25     $ —    
   

 

 

                         

Options exercisable at June 30, 2013

    73     $ 21.98       6.74     $ —    

Options vested or expected to vest at June 30, 2013

    134     $ 15.60       7.91     $ —    
Weighted-average assumptions

The fair values for the stock options granted were estimated at the date of grant using the Black-Scholes option pricing model with the following weighted-average assumptions for the six months ended June 30, 2013:

 

         

Weighted Average Assumptions

     

Risk-free interest rate

    0.77

Expected life (years)

    4  

Expected volatility

    101

Dividend yield

    0.00