XML 50 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
Quarterly Results of Operations (unaudited)
12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (unaudited)

13. Quarterly Results of Operations (unaudited)

Following is a summary of the quarterly results of operations for the years ended December 31, 2012 and 2011 (in thousands, except per share amounts):

 

     March 31,
2012
    June 30,
2012
    September 30,
2012
    December 31,
2012
 

Total revenue

   $ 282      $ 240      $ 262      $ 223   
  

 

 

   

 

 

   

 

 

   

 

 

 

Operating expenses:

        

Research and development

     786        700        818        1,477   

General and administrative

     1,083        913        1,013        887   

Restructuring and asset impairment

     9        9        8        8   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total expenses

     1,878        1,622        1,839        2,372   
  

 

 

   

 

 

   

 

 

   

 

 

 

Loss from operations

     (1,596     (1,382     (1,577     (2,149

Interest expense, net

     (366     (379     (381     (394

Other income (expense), including extinguishment of debt

     2        —          (4     —     
  

 

 

   

 

 

   

 

 

   

 

 

 

Loss before income taxes

     (1,960     (1,761     (1,962     (2,543

Income tax provision

     (1     —          —          —     
  

 

 

   

 

 

   

 

 

   

 

 

 

Net loss

   $ (1,960   $ (1,761   $ (1,962   $ (2,543
  

 

 

   

 

 

   

 

 

   

 

 

 

Basic and diluted net loss per common share

   $ (0.01   $ (0.01   $ (0.01   $ (0.01
  

 

 

   

 

 

   

 

 

   

 

 

 

Shares used in computing basic and diluted net loss per common share

     197,923        198,406        198,670        201,137   
  

 

 

   

 

 

   

 

 

   

 

 

 
     March 31,
2011
    June 30,
2011
    September 30,
2011
    December 31,
2011
 

Total revenues

   $ 182      $ 184      $ 242      $ 183   
  

 

 

   

 

 

   

 

 

   

 

 

 

Operating expenses:

        

Research and development

     1,480        1,584        1,292        651   

General and administrative

     1,135        1,440        1,020        679   

Restructuring and asset impairment

     10        10        10        9   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total expenses

     2,625        3,034        2,322        1,339   
  

 

 

   

 

 

   

 

 

   

 

 

 

Loss from operations

     (2,443     (2,850     (2,080     (1,156

Interest expense, net

     (5     (45     (369     (365

Other income

     1        1        —          2   
  

 

 

   

 

 

   

 

 

   

 

 

 

Loss before income taxes

     (2,447     (2,894     (2 ,449     (1,519

Income tax benefit (provision)

     —          —          —          —     
  

 

 

   

 

 

   

 

 

   

 

 

 

Net loss

   $ (2,447   $ (2,894   $ (2,449   $ (1,519
  

 

 

   

 

 

   

 

 

   

 

 

 

Basic and diluted net loss per common share

   $ (0.01   $ (0.02   $ (0.01   $ (0.01
  

 

 

   

 

 

   

 

 

   

 

 

 

Shares used in computing basic and diluted net loss per common share

     170,135        170,731        194,549        197,833