Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.3.0.15
Condensed Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 26,708 $ 14,862
Prepaid and other current assets 98 55
Total current assets 26,806 14,917
Computer equipment, net of accumulated depreciation   22
Total Assets 26,806 14,939
LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' DEFICIT    
Accounts payable 902 476
Accounts payable-related party 48 46
PCP Interest payable-related party 19  
Accrued expenses 1,554 1,037
Warrant liability 1,170  
Total current liabilities 3,693 1,559
PCP Notes payable-related party 750  
Total Liabilities 4,443 1,559
Commitments and Contingencies    
Stockholders' Deficit:    
Common Stock, $.001 par value, 50,000,000 shares authorized, 7,028,060 shares issued and outstanding as of September 30, 2011; 4,791,102 shares issued and outstanding as of December 31, 2010; 7 5
Additional paid-in capital 5,206 4,312
Deficit accumulated during the development stage (49,855) (20,214)
Total Stockholders' Deficit (44,642) (15,897)
Total Liabilities, Convertible Preferred Stock and Stockholders' Deficit 26,806 14,939
Series A Preferred Stock [Member]
    
LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' DEFICIT    
Convertible Preferred Stock 29,277 29,277
Series B Preferred Stock [Member]
    
LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' DEFICIT    
Convertible Preferred Stock 16,114  
Series C Preferred Stock [Member]
    
LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' DEFICIT    
Convertible Preferred Stock $ 21,614