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Stockholders' Equity - Common and Preferred Shares (Tables)
9 Months Ended
Sep. 30, 2012
Stockholders' Equity - Common and Preferred Shares [Abstract]  
Summary of the Company's outstanding common stock warrants
                             
        Average     Number of Warrants outstanding as of:
(in thousands)
 

Warrants Issued in Connection with:

  Date of Issuance   Exercise
Price
    September 30, 2012     December 31, 2011  

Committed Equity Financing Facility

  February 19, 2008   $ 54.80       13       13  

Direct Registration Series I Warrants

  July 20, 2009   $ 42.00       141       141  
               

 

 

   

 

 

 

Total Warrants Outstanding

                154       154  
               

 

 

   

 

 

 
Summary of the gain (loss) from the change in fair value of warrants and other financial instruments
                                 
    Three Months ended
September 30,
    Nine Months ended
September 30,
 
    2012     2011     2012     2011  

Committed Equity Financing Facility Warrants

  $ —       $ —       $ —       $ 3  

Direct Registration Warrants

    —         40       5       99  

Gain recognized in connection with Warrant Exchange agreements

    —         —         —         690  

Private Placement Warrants

    —         —         —         1,427  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total gain (loss) on change in fair market value of derivatives

  $ —       $ 40     $ 5     $ 2,219  
   

 

 

   

 

 

   

 

 

   

 

 

 
Summary of the Company's stock option activity under its 2005 Plan
                                 
    Shares     Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Life
    Aggregate
Intrinsic Value
 
    (In thousands)           (Years)     (In thousands)  

Options outstanding at December 31, 2011

    1,002     $ 5.91       9.22          

Granted

    1,488     $ 0.82                  

Forfeited and expired

    (691   $ 6.01                  
   

 

 

                         

Options outstanding at September 30, 2012

    1,799     $ 1.66       8.92          
   

 

 

                         

Options exercisable at September 30, 2012

    616     $ 1.23       9.57          

Options vested or expected to vest at September 30, 2012

    1,259     $ 1.28       9.56     $ —    
Weighted-average assumptions
         

Weighted Average Assumptions

     

Risk-free interest rate

    0.85

Expected life

    4 Years  

Expected volatility

    102

Dividend yield

    0.00