Quarterly report pursuant to sections 13 or 15(d)

Condensed Balance Sheets

v2.4.0.8
Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 22,342 $ 24,401
Marketable securities 6,191 6,843
Contract receivables 168 110
Accrued interest receivable 90 68
Prepaid expenses 1,876 364
Other current assets 266 453
Total current assets 30,933 32,239
Property and equipment, net 60 3
Other assets 203 258
Total assets 31,196 32,500
Current liabilities:    
Accounts payable 1,069 697
Accrued liabilities 2,368 2,251
Warrant liability 11,638 6,466
Facility loan 410 38
Accrued interest payable 36 36
Total current liabilities 15,521 9,488
Facility loan, less current portion 4,099 4,407
Other liabilities 200 9
Total liabilities 19,820 13,904
Commitments and contingencies      
Stockholders' equity:    
Preferred stock, $0.0001 par value: 10,000,000 shares authorized; no shares issued and outstanding      
Common stock, $0.0001 par value: 100,000,000 shares authorized;10,064,495 and 9,455,064 shares issued and outstanding as of March 31, 2014 and December 31, 2013, respectively 1 1
Additional paid-in capital 370,276 367,435
Accumulated other comprehensive income 3 2
Accumulated deficit (358,904) (348,842)
Total stockholders' equity 11,376 18,596
Total liabilities and stockholders' equity $ 31,196 $ 32,500