v2.4.0.6
Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 44,989 $ 14,848
Short-term investments 44,759 61,424
Accounts receivable 0 757
Prepaid expenses and other current assets 605 370
Total current assets 90,353 77,399
Certificate of deposit 2,132 2,085
In-process research and development 58,200 58,200
Other 125 212
Fixed assets, net 1,647 1,937
Total assets 152,457 139,833
Current liabilities:    
Accounts payable 2,985 2,334
Accrued expenses 836 800
Accrued compensation 1,581 795
Accrued lease expense, current 291 278
Deferred rent 151 156
Capital lease obligations, current 109 114
Debt, current 592 0
Total current liabilities 6,545 4,477
Accrued lease expense, long-term 717 923
Capital lease obligations, long-term 80 166
Debt long-term 8,503 0
Total liabilities 15,845 5,566
Stockholders' equity:    
Common stock; $.01 par value; authorized shares 500,000,000; issued and outstanding shares, 31,178,954 in 2012 and 24,833,301 in 2011 312 248
Additional paid-in capital 455,560 427,743
Accumulated deficit (320,095) (294,174)
Accumulated other comprehensive income:    
Unrealized gain on investments 835 450
Total stockholders' equity 136,612 134,267
Total liabilities and stockholders' equity $ 152,457 $ 139,833