XML 39 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUES        
Product revenues $ 251 $ 0 $ 561 $ 81
Other revenues 0 0 0 300
Total revenues 251 0 561 381
COSTS OF SALES        
Costs of goods sold (66) (332) (160) (363)
Gross profit 185 (332) 401 18
OPERATING EXPENSES        
Selling, general and administrative 4,597 6,263 8,416 12,346
Research and development 1,492 3,992 2,949 8,462
Total operating expenses 6,089 10,255 11,365 20,808
Loss from operations (5,904) (10,587) (10,964) (20,790)
OTHER INCOME (EXPENSE)        
Change in fair value of warrant liability, net 1,297 5,115 1,092 2,842
Interest income 1 5 2 15
Other expenses 6 (15) (8) (395)
Net loss (4,600) (5,482) (9,878) (18,328)
LOSS PER COMMON SHARE        
Basic loss per common share (in dollars per share) $ (0.49) [1] $ (0.91) [1] $ (1.06) [1] $ (3.22) [1]
Diluted loss per common share (in dollars per share) $ (0.52) [1] $ (0.91) [1] $ (1.08) [1] $ (3.22) [1]
WEIGHTED AVERAGE COMMON SHARES        
Basic weighted average common shares outstanding (in shares) 9,426,169 [1] 6,023,785 [1] 9,363,123 [1] 5,683,380 [1]
Diluted weighted average common shares outstanding (in shares) 9,480,933 [1] 6,023,785 [1] 9,462,717 [1] 5,683,380 [1]
OTHER COMPREHENSIVE INCOME (LOSS)        
Foreign currency translation adjustments (20) 6 (22) 369
Comprehensive loss $ (4,620) $ (5,476) $ (9,900) $ (17,959)
[1] Reflects a one-for- sixteen (1:16) reverse stock split effected on April 8, 2014.