|
Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Sep. 30, 2013
|
Dec. 31, 2012
|
| Current assets: |
|
|
| Cash and cash equivalents |
$ 10,324 |
$ 22,570 |
| Prepaid expenses and other |
957 |
450 |
| Total current assets |
11,281 |
23,020 |
| Property and equipment, net |
2,624 |
581 |
| Other assets |
225 |
243 |
| Other assets-equipment funding (Note 3(d)) |
7,291 |
6,763 |
| Total assets |
21,421 |
30,607 |
| Current liabilities: |
|
|
| Current portion of long-term debt |
2,993 |
378 |
| Accounts payable |
2,566 |
800 |
| Accrued expenses |
2,852 |
1,995 |
| Total current liabilities |
8,411 |
3,173 |
| Long-term debt |
5,802 |
8,102 |
| Other long-term liabilities |
|
83 |
| Warrant liability |
|
16,236 |
| Total liabilities |
14,213 |
27,594 |
| Commitments (note 7) |
|
|
| Stockholders' equity (deficit): |
|
|
| Preferred stock, $0.001 par value; authorized 10,000,000 shares; issued and outstanding 0 and 8,804 at September 30, 2013 and December 31, 2012, respectively |
|
7,255 |
| Common stock, $0.001 par value. Authorized 90,000,000 shares; issued and outstanding 31,329,179 and 20,023,949 shares at September 30, 2013 and December 31, 2012, respectively |
31 |
20 |
| Treasury stock,42,433 and 0 common shares at September 30, 2013 and December 31, 2012,respectively |
(112) |
|
| Additional paid-in capital |
178,160 |
136,506 |
| Deficit accumulated during the development stage |
(170,871) |
(140,768) |
| Total stockholders' equity |
7,208 |
3,013 |
| Total liabilities and stockholders' equity |
$ 21,421 |
$ 30,607 |