Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Comprehensive Loss (Unaudited)

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Condensed Consolidated Statements of Comprehensive Loss (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Condensed Consolidated Statements of Comprehensive Loss [Abstract]        
Revenue $ 1,797    $ 2,049   
Operating expenses:        
Research and development 2,897 5,068 8,584 11,165
General and administrative 1,780 1,685 3,488 2,982
Total operating expenses 4,677 6,753 12,072 14,147
Loss from operations (2,880) (6,753) (10,023) (14,147)
Interest income (expense), net 29 12 30 15
Other income (expense) 19,852 (1,182) (88,539) (2,121)
Net income (loss) 17,001 (7,923) (98,532) (16,253)
Other comprehensive income (loss):        
Unrealized gain (loss) on available-for-sale securities (14) 1 (12) (3)
Comprehensive income (loss) $ 16,987 $ (7,922) $ (98,544) $ (16,256)
Net income (loss) per common share:        
Basic $ 0.31 $ (0.16) $ (1.88) $ (0.38)
Diluted $ 0.04 $ (0.16) $ (1.88) $ (0.38)
Weighted average number of shares used in per share calculations:        
Basic 54,549 48,805 52,435 42,659
Diluted 63,494 48,805 52,435 42,659