Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v2.4.0.8
Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 16,356 $ 24,401
Marketable securities 26,270 6,843
Contract receivables 14 110
Accrued interest receivable 223 68
Prepaid expenses 1,402 364
Other current assets 134 453
Total current assets 44,399 32,239
Property and equipment, net 91 3
Other assets 159 258
Total assets 44,649 32,500
Current liabilities:    
Accounts payable 1,047 697
Accrued liabilities 3,990 2,251
Warrant liability 8,766 6,466
Facility loan 1,193 38
Accrued interest payable 36 36
Total current liabilities 15,032 9,488
Facility loan, less current portion 3,476 4,407
Other liabilities 10 9
Total liabilities 18,518 13,904
Commitments and contingencies      
Stockholders' equity:    
Preferred stock, $0.0001 par value: 10,000,000 shares authorized; no shares issued and outstanding      
Common stock, $0.0001 par value: 100,000,000 shares authorized; 14,684,788 and 9,455,064 shares issued and outstanding as of September 30, 2014 and December 31, 2013, respectively 1 1
Additional paid-in capital 394,182 367,435
Accumulated other comprehensive (loss) income (15) 2
Accumulated deficit (368,037) (348,842)
Total stockholders' equity 26,131 18,596
Total liabilities and stockholders' equity $ 44,649 $ 32,500