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Restructuring
12 Months Ended
Dec. 31, 2011
Restructuring [Abstract]  
Restructuring

13. RESTRUCTURING

In December 2011, the Company restructured its operations by reducing its workforce by 35 employees, or 28%. Restructuring charges totaling $1,145,000 were recorded in 2011 and included severance and related costs. The charge included $548,000 to research and development expense and $597,000 to general and administrative expense. The restructuring was completed by January 31, 2012 and all severance costs are expected to be paid by July 31, 2012.

Changes in the liability and the balance at year end related to the December 2011 restructuring plan are as follows:

 

     Year ending
December 31, 2011
 
     (in thousands)  

Balance at January 1

   $ —     

Restructuring charge for severance

     1,145   

Severance payments

     (317
  

 

 

 

Balance at December 31

   $ 828