Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents [note 5] $ 14,593 $ 18,075
Short-term investments [note 5] 24,629 57,308
Interest receivable 218 327
Amounts receivable 8,657 714
Prepaid expenses 5,770 3,755
Total current assets 53,867 80,179
Restricted cash [note 5] 314 314
Property and equipment, net [note 6] 397 371
Other assets [note 8] 1,111 1,152
Total assets 55,689 82,016
Current liabilities:    
Accounts payable 139 1,329
Accrued liabilities 11,784 4,180
Accrued compensation 1,705 1,541
Current portion of long-term obligations [note 7] 1,092 1,084
Warrant liability [note 5 and note 11] 214 3,422
Total current liabilities 14,934 11,556
Long-term obligations, less current portion [note 7] 3,544 4,253
Total liabilities 18,478 15,809
Commitments and contingencies [note 13]      
Stockholders' equity:    
Common stock, $0.001 par value; 50,000,000 and 25,000,000 shares authorized and 14,707,886 and 14,656,916 shares issued and outstanding at December 31, 2013 and 2012, respectively 15 15
Additional paid-in capital 168,242 165,395
Accumulated deficit (133,689) (101,840)
Accumulated other comprehensive income 2,643 2,637
Total stockholders' equity 37,211 66,207
Total liabilities and stockholders' equity $ 55,689 $ 82,016