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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 61,291 $ 20,250
Certificates of deposit 249 1,494
Prepaid expenses 773 907
State research and development credit receivable 329 542
Other receivables 1,328 196
Total current assets 63,970 23,389
Leasehold improvements and equipment:    
Leasehold improvements 5,588 5,085
Computer equipment 1,133 636
Lab equipment 3,724 3,297
Total leasehold improvements and equipment 10,445 9,018
Less accumulated depreciation and amortization (3,858) (2,978)
Leasehold improvements and equipment, net 6,587 6,040
Total assets 70,557 29,429
Current liabilities:    
Accounts payable 612 972
Accrued expenses 2,861 1,659
Income taxes payable 130 0
Current portion of deferred rent 84 84
Obligations under capital leases 35 55
Current portion of long term debt 154 149
Total current liabilities 3,876 2,919
Long term liabilities:    
Royalty obligation payable to Iowa Economic Development Authority 6,000 6,000
Obligations under capital leases 46 38
Deferred rent, excluding current portion 1,321 1,405
Total long-term liabilities 8,354 8,583
Total liabilities 12,230 11,502
Stockholders' Equity    
Blank check preferred stock, $0.01 par value: Authorized shares — 5,000,000 at December 31, 2013 and 2012; issued and outstanding shares — 0 at December 31, 2013 and 2012 0 0
Common stock, $0.01 par value: Authorized shares — 75,000,000 at December 31, 2013 and 38,833,334 at December 31, 2012; issued and outstanding shares — 26,573,023 at December 31, 2013, and 20,985,192 at December 31, 2012 266 210
Additional paid-in capital 194,038 122,514
Deficit accumulated during the development stage (135,977) (104,797)
Total stockholders' equity 58,327 17,927
Total liabilities and stockholders' equity 70,557 29,429
Iowa State University Research Park [Member]
   
Long term liabilities:    
Notes Payable, Noncurrent 687 840
City of Ames [Member]
   
Long term liabilities:    
Notes Payable, Noncurrent $ 300 $ 300