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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
SUPPLEMENTARY DATA
SUPPLEMENTARY DATA (UNAUDITED)
 
Selected unaudited quarterly consolidated financial data is shown below (in thousands except per share data):
 
 
 
For Three Month Periods Ended
 
 
 
Mar. 31,
 
June 30,
 
Sept. 30,
 
Dec. 31,
 
 
 
2013
 
2013
 
2013
 
2013
 
Revenues (i)
 
$
4
 
$
1
 
$
83
 
$
35
 
Operating expenses
 
 
4,248
 
 
3,141
 
 
3,308
 
 
3,516
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating loss
 
 
(4,244)
 
 
(3,140)
 
 
(3,225)
 
 
(3,481)
 
Net loss
 
$
(4,218)
 
$
(3,076)
 
$
(3,190)
 
$
(3,417)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic loss per share
 
$
(0.09)
 
$
(0.07)
 
$
(0.07)
 
$
(0.07)
 
Diluted loss per share
 
$
(0.09)
 
$
(0.07)
 
$
(0.07)
 
$
(0.07)
 
 
 
 
For Three Month Periods Ended
 
 
 
Mar. 31,
 
June 30,
 
Sept. 30,
 
Dec. 31,
 
 
 
2012
 
2012
 
2012
 
2012
 
Revenues (i)
 
$
-
 
$
-
 
$
-
 
$
-
 
Operating expenses
 
 
2,344
 
 
2,189
 
 
2,149
 
 
3,057
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating loss
 
 
(2,344)
 
 
(2,189)
 
 
(2,149)
 
 
(3,057)
 
Net loss
 
$
(2,333)
 
$
(2,179)
 
$
(2,140)
 
$
(3,016)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic loss per share
 
$
(0.05)
 
$
(0.05)
 
$
(0.04)
 
$
(0.06)
 
Diluted loss per share
 
$
(0.05)
 
$
(0.05)
 
$
(0.04)
 
$
(0.06)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(i) See Note 2 for revenue recognition.