XML 50 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2012
Income Taxes [Abstract]  
Reconciliation of unrecognized tax benefits
         
    Amount  

Unrecognized tax benefits balance at December 31, 2011

  $ 45  

Increases related to current and prior year tax positions

    —    

Settlements and lapses in statutes of limitations

    —    
   

 

 

 

Unrecognized tax benefits balance at December 31, 2012

  $ 45  
   

 

 

 
Significant components of deferred tax assets
                 
    December 31,  
    2012     2011  

Deferred tax assets:

               

Net operating loss carryforwards

  $ —       $ —    

Research and development credits

    —         —    

Capitalized research and development and other

    21,193       11,156  
   

 

 

   

 

 

 

Total deferred tax assets

    21,193       11,156  
   

 

 

   

 

 

 

Net deferred tax assets

    21,193       11,156  

Valuation allowance for deferred tax assets

    (21,193     (11,156
   

 

 

   

 

 

 

Net deferred taxes

  $ —       $ —    
   

 

 

   

 

 

 
Provision for income taxes
                 
    December 31,  
    2012     2011  

Income tax benefit at statutory federal rate

  $ (2,708   $ (4,042 )

State tax expense (benefit), net of federal

    (445     (664

Fair Value of Derivative

    (1,221     —    

Expired tax attributes

    3,008       3,709  

Removal of net operating losses and research and development credits

    (2,522 )     2,644  

Stock compensation expense

    —         22  

Change in valuation allowance

    10,037       167  

Other

    (6,149     (1,836
   

 

 

   

 

 

 

Provision for income taxes

  $ —       $ —