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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating Activities:    
Net loss $ (18,786) $ (29,391)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 500 479
Amortization of premium/discount on marketable securities 692 1,237
Stock-based compensation 4,011 5,982
Changes in operating assets and liabilities:    
Interest receivable 20 (205)
Accounts receivable (2,585) (787)
Prepaid expenses and other assets (364) (264)
Accounts payable and accrued liabilities (3,770) (3,188)
Accrued compensation and employee benefits 159   
Deferred revenues 11,818 240
Net cash used in operating activities (8,305) (25,897)
Investing Activities:    
Purchases of investments (70,570) (82,526)
Maturities of investments 75,155 57,874
Proceeds from sales of investments    10,139
Purchases of property and equipment (363) (371)
Net cash provided by (used in) investing activities 4,222 (14,884)
Financing Activities:    
Proceeds from issuance of common stock 1,041 51,664
Net cash provided by financing activities 1,041 51,664
Net increase/ (decrease) in cash and cash equivalents (3,042) 10,883
Cash and cash equivalents, beginning of period 16,766 10,784
Cash and cash equivalents, end of period $ 13,724 $ 21,667