XML 25 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 1,441us-gaap_CashAndCashEquivalentsAtCarryingValue $ 354us-gaap_CashAndCashEquivalentsAtCarryingValue
Short-term investments 68,621us-gaap_AvailableForSaleSecuritiesEquitySecuritiesCurrent 6,532us-gaap_AvailableForSaleSecuritiesEquitySecuritiesCurrent
Receivables 538us-gaap_ReceivablesNetCurrent 392us-gaap_ReceivablesNetCurrent
Inventory 566us-gaap_InventoryNet 568us-gaap_InventoryNet
Prepaid expense 1,784us-gaap_PrepaidExpenseCurrent 1,191us-gaap_PrepaidExpenseCurrent
Other current assets 116us-gaap_OtherAssetsCurrent 120us-gaap_OtherAssetsCurrent
Total current assets 73,066us-gaap_AssetsCurrent 9,157us-gaap_AssetsCurrent
Property and equipment, net 727us-gaap_PropertyPlantAndEquipmentNet 782us-gaap_PropertyPlantAndEquipmentNet
Restricted cash 679us-gaap_RestrictedCashAndCashEquivalentsNoncurrent 679us-gaap_RestrictedCashAndCashEquivalentsNoncurrent
Other assets 439us-gaap_OtherAssetsNoncurrent 472us-gaap_OtherAssetsNoncurrent
Total assets 74,911us-gaap_Assets 11,090us-gaap_Assets
Current liabilities:    
Accounts payable 4,611us-gaap_AccountsPayableCurrent 4,915us-gaap_AccountsPayableCurrent
Accrued expenses 6,438us-gaap_AccruedLiabilitiesCurrent 7,070us-gaap_AccruedLiabilitiesCurrent
Current portion of notes payable, net of discount 9,019us-gaap_LongTermDebtCurrent 6,446us-gaap_LongTermDebtCurrent
Total current liabilities 20,068us-gaap_LiabilitiesCurrent 18,431us-gaap_LiabilitiesCurrent
Notes payable, net of current portion and discount 23,906us-gaap_LongTermDebtNoncurrent 26,263us-gaap_LongTermDebtNoncurrent
Deferred rent 9,091us-gaap_DeferredRentCreditNoncurrent 9,050us-gaap_DeferredRentCreditNoncurrent
Commitments and contingencies (Note 8)      
Shareholders’ equity:    
Preferred stock, par value $0.01 per share: Authorized shares - 20,000,000 at March 31, 2015 (unaudited) and December 31, 2014; Issued and outstanding shares—none 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, par value $0.01 per share: Authorized shares - 150,000,000 at March 31, 2015 (unaudited) and December 31, 2014; Issued and outstanding shares—37,185,464 and 34,185,464 at March 31, 2015 (unaudited) and December 31, 2014, respectively 378us-gaap_CommonStockValue 342us-gaap_CommonStockValue
Additional paid-in capital 368,183us-gaap_AdditionalPaidInCapital 285,050us-gaap_AdditionalPaidInCapital
Accumulated deficit (346,715)us-gaap_RetainedEarningsAccumulatedDeficit (328,046)us-gaap_RetainedEarningsAccumulatedDeficit
Total shareholders’ equity (deficit) 21,846us-gaap_StockholdersEquity (42,654)us-gaap_StockholdersEquity
Total liabilities and shareholders’ equity (deficit) $ 74,911us-gaap_LiabilitiesAndStockholdersEquity $ 11,090us-gaap_LiabilitiesAndStockholdersEquity