Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current    
Cash and cash equivalents [note 4] $ 12,950 $ 18,075
Short-term investments [note 4] 33,827 57,308
Interest receivable 295 327
Amounts receivable [note 3] 9,922 714
Prepaid expenses and other current assets 2,713 3,755
Total current assets 59,707 80,179
Restricted cash [note 4] 314 314
Property and equipment, net 443 371
Other assets 1,175 1,152
Total assets 61,639 82,016
Current    
Accounts payable 39 1,329
Accrued liabilities 11,334 4,180
Accrued compensation 1,357 1,541
Current portion of long-term obligations [note 6] 1,090 1,084
Warrant liability [note 4 and note 5] 548 3,422
Total current liabilities 14,368 11,556
Long-term obligations, less current portion [note 6] 3,728 4,253
Total liabilities 18,096 15,809
Commitments and contingencies [note 7]      
Stockholders' equity:    
Common shares [note 5]: $0.001 par value, 50,000,000 and 25,000,000 shares authorized and 14,706,260 and 14,656,916 issued and outstanding at September 30, 2013 and December 31, 2012, respectively 15 15
Additional paid-in capital 167,899 165,395
Accumulated deficit (127,011) (101,840)
Accumulated other comprehensive income 2,640 2,637
Total stockholders' equity 43,543 66,207
Total liabilities and stockholders' equity $ 61,639 $ 82,016