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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 20,250 $ 39,490
Certificates of deposit 1,494 2,490
Prepaid expenses 907 409
State research and development credit receivable 542 202
Other receivables 196 197
Total current assets 23,389 42,788
Leasehold improvements and equipment:    
Leasehold improvements 5,085 4,459
Computer equipment 636 710
Lab equipment 3,297 3,333
Total leasehold improvements and equipment 9,018 8,502
Less accumulated depreciation and amortization (2,978) (2,911)
Leasehold improvements and equipment, net 6,040 5,591
Total assets 29,429 48,379
Current liabilities:    
Accounts payable 972 1,670
Accrued expenses 1,659 1,867
Deferred rent 84 913
Note payable to Iowa Department of Economic Development 0 6,000
Obligations under capital leases 55 121
Current portion of long term debt 149 93
Total current liabilities 2,919 10,664
Long term liabilities:    
Royalty obligation payable to Iowa Economic Development Authority 6,000 0
Obligations under capital leases 38 94
Deferred rent, excluding current portion 1,405 0
Total long-term liabilities 8,583 942
Total liabilities 11,502 11,606
Equity (deficit):    
Blank check preferred stock, $0.01 par value: Authorized shares — 5,000,000 at December 31, 2012 and 2011; issued and outstanding shares — 0 at December 31, 2012 and 2011 0 0
Common stock, $0.01 par value: Authorized shares — 38,833,334 at December 31, 2012 and 2011; issued and outstanding shares — 20,985,192 at December 31, 2012, and 20,591,240 at December 31, 2011 210 206
Additional paid-in capital 122,514 118,043
Deficit accumulated during the development stage (104,797) (81,476)
Total equity 17,927 36,773
Total liabilities and equity 29,429 48,379
Iowa State University Research Park [Member]
   
Long term liabilities:    
Notes Payable, Noncurrent 840 548
City of Ames [Member]
   
Long term liabilities:    
Notes Payable, Noncurrent $ 300 $ 300