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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenue:        
License and milestone $ 400   $ 400  
Operating expenses:        
Research and development 230 $ 49 484 $ 95
General and administrative 1,192 622 2,253 1,139
Total operating expenses 1,422 671 2,737 1,234
Loss from operations $ (1,022) $ (671) $ (2,337) (1,234)
Other income (expense):        
Interest and other expense       (1,007)
Change in fair value liability for price adjustable warrants $ 1,914 $ 4,545 $ 3,643 (769)
Change in fair value of stock reserved for issuance to settle liabilities       (2,455)
Gain on foreign exchange   $ 2   2
Gain on debt extinguishment       4
Gain on settled liabilities $ 12 $ 45 $ 12 302
Total other income (expense), net 1,926 4,592 3,655 (3,923)
Net income (loss) applicable to common stockholders $ 904 $ 3,921 $ 1,318 (5,157)
Deemed dividend related to discount on beneficial conversion feature in Series C convertible preferred shares       (6,000)
Net income (loss) applicable to common stockholders $ 904 $ 3,921 $ 1,318 $ (11,157)
Net income (loss) per common share        
Basic (in dollars per share) $ 0.03 $ 0.15 $ (0.05) $ (0.47)
Diluted (in dollars per share) $ (0.03) $ 0.11 $ (0.08) $ (0.47)
Shares used in computing net income (loss) per share        
Basic (in shares) 26,036 25,633 26,036 23,563
Diluted (in shares) 30,293 34,801 30,293 23,563