v2.3.0.11
Condensed Statements of Operations (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenue:        
Product royalty fees $ 6 $ 7 $ 10 $ 19
License fees 1,036 1,307 2,072 2,594
Total Revenue 1,042 1,314 2,082 2,613
Cost of revenue:        
Product royalty fees 6 6 12 12
Gross profit 1,036 1,308 2,070 2,601
Operating expenses:        
Research and development 5,197 2,123 8,186 3,918
General and administrative 1,830 1,339 3,980 2,851
Sales and marketing 651 330 948 439
Total Operating expenses 7,678 3,792 13,114 7,208
Loss from operations (6,642) (2,484) (11,044) (4,607)
Interest income 22 12 56 16
Interest expense (5) (5) (10) (10)
Net loss $ (6,625) $ (2,477) $ (10,998) $ (4,601)
Net loss per share-basic and diluted (in dollars per share) $ (0.13) $ (0.06) $ (0.21) $ (0.12)
Weighted average common shares outstanding-basic (in shares) 52,010 39,067 51,970 37,347
Weighted average common shares outstanding-diluted (in shares) 52,010 39,067 51,970 37,347