Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 17,735 $ 23,160
Prepaid and other current assets 308 215
Total current assets 18,043 23,375
Total Assets 18,043 23,375
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 1,001 575
PCP interest payable-related party 19 19
Accrued expenses 2,823 2,899
Total current liabilities 3,843 3,493
PCP notes payable-related party 750 750
Total Liabilities 4,593 4,243
Commitments and Contingencies      
Convertible Preferred Stock, $.001 par value, 461,263 Series C Shares authorized, 0 shares issued and outstanding as of March 31, 2012 and December 31, 2011, respectively      
Stockholders' Equity:    
Common Stock, $.001 par value, 50,000,000 shares authorized, 18,604,245 shares issued and outstanding as of March 31, 2012 and December 31, 2011, respectively 19 19
Additional paid-in capital 76,561 75,687
Deficit accumulated during development stage (63,130) (56,574)
Total Stockholders' Equity 13,450 19,132
Total Liabilities and Stockholders' Equity $ 18,043 $ 23,375