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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 161,096 $ 44,778
Short-term investments 134,393 196,137
Receivable from related party 94 223
Notes receivable, current 100 100
Prepaid and other current assets 3,398 3,525
Inventory 4,299  
Total current assets 303,380 244,763
Long-term marketable securities 83,208  
Restricted cash 833 893
Property and equipment, net 9,660 10,372
Notes receivable, non-current 240 240
Other assets, non-current 2,101 2,514
Total assets 399,422 258,782
Current liabilities:    
Accounts payable 4,989 5,813
Accrued personnel related expenses 5,669 9,643
Accrued clinical and development expenses 4,898 6,956
Accrued interest on convertible subordinated notes 2,372 2,372
Other accrued liabilities 2,077 1,946
Note payable and capital lease, current   69
Deferred revenue, current 5,771 18,697
Total current liabilities 25,776 45,496
Convertible subordinated notes 172,500 172,500
Deferred rent 5,477 5,821
Deferred revenue, non-current 6,413 122,017
Commitments and contingencies (Notes 3 and 7)      
Stockholders' equity (net capital deficiency):    
Common stock, $0.01 par value; authorized: 200,000 shares; outstanding: 96,882 at June 30, 2012 and 85,543 at December 31, 2011 969 855
Additional paid-in capital 1,456,882 1,228,037
Accumulated other comprehensive income (loss) (109) 16
Accumulated deficit (1,268,486) (1,315,960)
Total stockholders' equity (net capital deficiency) 189,256 (87,052)
Total liabilities and stockholders' equity (net capital deficiency) $ 399,422 $ 258,782