Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | 80 Months Ended | ||
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Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2013
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Revenues | |||||
Product | $ 224 | ||||
Collaborations | 97 | 282 | 214 | 915 | 2,110 |
Grants | 38 | 67 | 50 | 162 | 993 |
Total Revenues | 135 | 349 | 264 | 1,077 | 3,327 |
Cost of product revenue | 134 | ||||
Selling, general, and administrative expenses | 2,402 | 2,141 | 8,807 | 6,178 | 21,346 |
Research and development expenses | 2,359 | 1,130 | 5,420 | 2,889 | 13,502 |
Loss from Operations | (4,626) | (2,922) | (13,963) | (7,990) | (31,655) |
Other Income (Expense) | |||||
Fair value of warrant liabilities in excess of proceeds received | (19,019) | ||||
Change in fair value of warrant liabilities | (586) | (4,740) | (5,397) | 3,575 | (27,369) |
Financing transaction costs in excess of proceeds received | (2,130) | ||||
Loss on inducement to exercise warrants | (1,904) | (1,904) | (1,904) | ||
Gain (loss) on disposal of fixed assets | (4) | (158) | (162) | ||
Interest expense | (13) | (3,484) | |||
Interest income | 4 | 2 | 11 | 5 | 22 |
Other income (expense) | (30) | ||||
Total Other Income (Expense) | (582) | (6,642) | (5,403) | 1,518 | (54,076) |
Net loss | $ (5,208) | $ (9,564) | $ (19,366) | $ (6,472) | $ (85,731) |
Net loss per common share-basic and diluted | $ (0.07) | $ (0.20) | $ (0.27) | $ (0.14) | |
Weighted average shares used in computing net loss per common share-basic and diluted | 77,235,976 | 48,428,186 | 71,606,724 | 45,224,906 |
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- Definition
Fair value of warrant liabilities in excess of proceeds received. No definition available.
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Financing transaction costs in excess of proceeds received. No definition available.
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Loss on inducement to exercise. No definition available.
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- Definition
Revenue from collaborations. No definition available.
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- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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- Definition
Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of gain (loss) on sale or disposal of property, plant and equipment assets, excluding oil and gas property and timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Revenue earned during the period from non-repayable sum of money awarded to an entity to carry out a specific purpose as provided in grant agreements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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