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Note 5 - Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2015
Notes Tables  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
 
 
Three Months Ended
March 31
,
 
 
 
2015
 
 
2014
 
                 
Research and development
  $ 806     $ 1,262  
General and administrative
    1,745       1,707  
Stock-based compensation expense included in operating expenses
  $ 2,551     $ 2,969  
                 
Impact on basic and diluted net loss per share
  $ 0.09     $ 0.13  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
 
 
March 31,
 
 
 
20
15
 
 
20
14
 
Risk-free interest rate
    1.6 %     2.0 %
Dividend yield
    0.0 %     0.0 %
Volatility
    91.7 %     104.1 %
Expected life (years)
    6.1       6.0  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
 
 
 
 
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
 
 
 
 
Average
 
 
 
 
 
 
 
Weighted-
 
 
Remaining
 
 
 
 
 
 
 
Average
 
 
Contractual
 
 
 
Shares
 
 
Exercise
 
 
Term
 
 
 
(in thousands)
 
 
Price
 
 
(Years)
 
Balance at January 1, 2015
    7,918     $ 8.69       7.92  
Granted
    54     $ 11.52          
Exercised
    (352
)
  $ 8.18          
Expired and forfeited
    (327
)
  $ 10.67          
Balance at March 31, 2015
    7,293     $ 8.65       8.31