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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating activities:      
Net loss $ (22,264) $ (35,750) $ (24,854)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 660 646 676
Amortization of premium/discount on marketable securities 889 1,576 1,187
Stock-based compensation 5,338 8,081 7,818
Net loss on disposal of property and equipment 123    
Net changes in operating assets and liabilities:      
Interest receivable 141 6 4
Accounts receivable (3,414) (553) (297)
Prepaid expenses and other assets 14 (13) 97
Accounts payable and accrued liabilities (1,503) (139) 3,196
Accrued compensation and employee benefits 800 315 (28)
Deferred revenue 11,134 (64) (11,733)
Net cash used in operating activities (8,082) (25,895) (23,934)
Investing activities:      
Purchases of marketable securities (91,428) (112,974) (100,027)
Maturities of marketable securities 103,470 83,412 113,096
Proceeds from sales of marketable securities   10,139  
Purchases of property and equipment (723) (576) (695)
Net cash provided by / (used in) investing activities 11,319 (19,999) 12,374
Financing activities:      
Proceeds from issuance of common stock 1,676 51,876 1,185
Net cash provided by financing activities 1,676 51,876 1,185
Net increase / (decrease) in cash and cash equivalents 4,913 5,982 (10,375)
Cash and cash equivalents, beginning of period 16,766 10,784 21,159
Cash and cash equivalents, end of period $ 21,679 $ 16,766 $ 10,784