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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 112,235 $ 44,778
Short-term investments 161,209 196,137
Receivable from related party 71 223
Note receivable, current 100 100
Prepaid and other current assets 3,772 3,525
Inventory 5,148  
Total current assets 282,535 244,763
Long-term marketable securities 88,962  
Restricted cash 833 893
Property and equipment, net 9,579 10,372
Notes receivable, non-current 140 240
Other assets, non-current 1,894 2,514
Total assets 383,943 258,782
Current liabilities:    
Accounts payable 4,757 5,813
Accrued personnel-related expenses 7,714 9,643
Accrued clinical and development expenses 6,761 6,956
Accrued interest on convertible subordinated notes 1,078 2,372
Other accrued liabilities 1,835 1,946
Note payable and capital lease   69
Deferred revenue, current 4,945 18,697
Total current liabilities 27,090 45,496
Convertible subordinated notes 172,500 172,500
Deferred rent 5,275 5,821
Deferred revenue, non-current 5,790 122,017
Commitments and contingencies (Notes 3 and 7)      
Stockholders' equity (net capital deficiency):    
Common stock, $0.01 par value; authorized: 200,000 shares; outstanding: 97,854 at September 30, 2012 and 85,543 at December 31, 2011 979 855
Additional paid-in capital 1,475,371 1,228,037
Accumulated other comprehensive income 116 16
Accumulated deficit (1,303,178) (1,315,960)
Total stockholders' equity (net capital deficiency) 173,288 (87,052)
Total liabilities and stockholders' equity (net capital deficiency) $ 383,943 $ 258,782