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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended 131 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2012
Revenue:        
Research revenue $ 11,591 $ 14,794   $ 57,493
Collaboration and milestone revenue 6,820 6,640 922 64,382
Total revenue 18,411 21,434 922 121,875
Operating Expenses:        
Research and development 50,273 50,856 39,042 315,893
General and administrative 19,364 19,880 15,660 132,613
Restructuring charges       1,522
Impairment of leasehold improvements       1,030
Depreciation and amortization 1,705 1,585 2,058 11,768
In-process research and development       418
Total operating expenses 71,342 72,321 56,760 463,244
Loss from operations (52,931) (50,887) (55,838) (341,369)
Other income (expenses):        
Interest income 316 160 156 14,389
Interest expense (89) (148) (260) (2,422)
Change in fair value of warrant liability 653 2,764 (1,410) 1,553
Other income 21 70 1,277 252
Loss before income tax benefit (52,030) (48,041) (56,075) (327,597)
Income tax benefit 3,245 3,629 1,139 8,708
Net loss (48,785) (44,412) (54,936) (318,889)
Deemed dividend       (19,424)
Preferred stock accretion       (802)
Net loss attributable to common stockholders $ (48,785) $ (44,412) $ (54,936) $ (339,115)
Net loss attributable to common stockholders per common share - basic and diluted (in dollars per share) $ (1.07) $ (1.28) $ (1.98)  
Weighted-average common shares outstanding - basic and diluted (in shares) 45,565,217 34,569,642 27,734,797