Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current    
Cash and cash equivalents [note 4] $ 40,614 $ 14,593
Short-term investments [note 4]   24,629
Interest receivable   218
Amounts receivable [note 3] 4,951 8,657
Prepaid expenses and other current assets 2,288 5,770
Total current assets 47,853 53,867
Restricted cash [note 4] 251 314
Property and equipment, net 354 397
Other assets 1,274 1,111
Total assets 49,732 55,689
Current    
Accounts payable 1,341 139
Accrued liabilities 13,249 11,784
Accrued compensation 981 1,705
Current portion of long-term obligations [note 6] 1,106 1,092
Proceeds received in advance [note 8] 3,174  
Warrant liability [note 4 and note 5] 320 214
Total current liabilities 20,171 14,934
Long-term obligations, less current portion [note 6] 3,096 3,544
Total liabilities 23,267 18,478
Commitments and contingencies [note 7]      
Stockholders' equity:    
Common shares [note 5]: $0.001 par value, 50,000,000 shares authorized and 15,577,172 and 14,707,886 issued and outstanding at June 30, 2014 and December 31, 2013, respectively 15 15
Additional paid-in capital 173,149 168,242
Accumulated deficit (149,340) (133,689)
Accumulated other comprehensive income 2,641 2,643
Total stockholders' equity 26,465 37,211
Total liabilities and stockholders' equity $ 49,732 $ 55,689