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Subsequent Events
3 Months Ended
Mar. 31, 2013
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events

In April 2013 the Company entered into an office lease (the “Lease”) with BMR-Wateridge LP, located in San Diego, California. The Company expects to occupy the space commencing in the Fall of 2013. The initial term of the Lease is ten years. The Company intends to use the facility for office and research and development purposes.

The base rent adjusts periodically throughout the ten year term of the Lease, with monthly payments ranging from zero to $82,945. In addition, the Company will pay the landlord its share of operating expenses and a property management fee and has paid a security deposit of $64,000.