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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating Activities:    
Net loss $ (6,885) $ (7,268)
Adjustments to reconcile net loss to net cash provided by / (used in) operating activities:    
Depreciation 147 168
Amortization of premium / discount on marketable securities 231 272
Stock-based compensation 1,329 1,383
Changes in operating assets and liabilities:    
Interest receivable (68) (39)
Accounts receivable 546 (589)
Prepaid expenses and other assets 61 60
Accounts payable and accrued liabilities (1,480) (3,070)
Accrued compensation and employee benefits (1,339) (676)
Deferred revenues (560) 12,626
Net cash provided by / (used in) operating activities (8,018) 2,867
Investing Activities:    
Purchases of investments (16,573) (12,853)
Maturities of investments 12,910 17,820
Purchases of property and equipment (68) (218)
Net cash provided by / (used in) investing activities (3,731) 4,749
Financing Activities:    
Proceeds from issuance of common stock 2,247 108
Net cash provided by financing activities 2,247 108
Net increase / (decrease) in cash and cash equivalents (9,502) 7,724
Cash and cash equivalents, beginning of period 21,679 16,766
Cash and cash equivalents, end of period $ 12,177 $ 24,490