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NOTE 14 QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)
12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
NOTE 14 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, 2012 and 2011.

Quarterly Results of Operations

(in thousands, except per share data)

(unaudited)

 

   First  Second  Third  Fourth
Year Ended December 31, 2012   Quarter    Quarter    Quarter    Quarter
Total revenue  $—     $—     $—     $—   
Operating expenses   4,769    4,380    6,054    8,628 
Interest and other expense, net   (61)   (146)   (195)   (197)
Loss from continuing operations   (4,830)   (4,526)   (6,249)   (8,825)
Discontinued operations   (91)   (43)   128    1,088 
Net loss   (4,921)   (4,569)   (6,121)   (7,737)
Basic and diluted net loss per share:                    
Loss from continuing operations  $(0.02)  $(0.02)  $(0.02)  $(0.03)
Net loss   (0.02)   (0.02)   (0.02)  $(0.03)
                     
    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 expense, 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)