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Stock Incentive Plans (Tables)
9 Months Ended
Sep. 30, 2012
Stock Incentive Plans [Abstract]  
Schedule of Stock-Based Compensation Expense

Stock-based Compensation - The following table summarizes stock-based compensation expense (in thousands):

 

   

Three Months ended September 30,

   

Nine months ended September 30,

 
   

2011

   

2012

   

2011

   

2012

 
Stock-based compensation:                                
Research and development   $ 103     $ 34     $ 295     $ 186  
Selling, general and administrative     13       (33 )     393       159  
Total stock-based compensation   $ 116     $ 1     $ 688     $ 345  

 

Schedule of Stock Option Activity

The following table summarizes stock option activity during the nine months ended September 30, 2012:

 

   

Options

   

Weighted
Average
Exercise
Price

   

Weighted
Average
Remaining
Contractual
Life

   

Aggregate
Intrinsic
Value

 
                      (in thousands)  
Outstanding December 31, 2011     578,257     $ 26.22                  
Options expired     (15,446 )     60.43                  
Options forfeited     (204,438 )     2.27                  
Outstanding at September 30, 2012     358,373     $ 38.41       5.9 years     $ -  
Exercisable at September 30, 2012     254,860     $ 52.71       4.6 years     $ -