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Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2011
Notes to Financial Statements  
Quarterly Results of Operations (Unaudited)

NOTE 14 QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The following table presents summarized unaudited results of operations for each of our quarters in the years ended December 31, 2011 and 2010.

Quarterly Results of Operations

(in thousands, except per share data)

(unaudited)

   First  Second  Third  Fourth
Year Ended December 31, 2011   Quarter    Quarter    Quarter    Quarter 
Total revenue  $395   $251   $—     $—   
Operating expenses   1,710    1,791    4,089    4,118 
Interest and other, net   (1)   (263)   (62)   (47)
Loss from continuing operations   (1,316)   (1,803)   (4,151)   (4,165)
Discontinued operations   (103)   (129)   (51)   (96)
Net loss   (1,419)   (1,932)   (4,202)   (4,261)
Basic and diluted net loss per share:                    
Loss from continuing operations  $(0.03)  $(0.05)  $(0.02)  $(0.02)
Net loss   (0.04)   (0.05)   (0.02)   (0.02)
                     
                     
                     
    First    Second    Third    Fourth 
Year Ended December 31, 2010   Quarter    Quarter    Quarter    Quarter 
Total revenue  $241   $530   $351   $179 
Operating expenses   3,112    4,225    1,986    1,912 
Interest and other, net   2,500    —      (1)   239 
Loss from continuing operations   (371)   (3,695)   (1,636)   (1,494)
Discontinued operations   (124)   112    (36)   (102)
Net loss   (495)   (3,583)   (1,672)   (1,596)
Basic and diluted net loss per share:                    
Loss from continuing operations  $(0.01)  $(0.09)  $(0.04)  $(0.04)
Net loss   (0.01)   (0.09)   (0.04)   (0.04)