Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

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Condensed Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data
3 Months Ended 9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues:        
Royalty revenue $ 973 $ 396 $ 2,291 $ 2,104
Grant revenue 39 3,203 364 5,251
License revenue   1   12
Total revenue 1,012 3,600 2,655 7,367
Operating expenses:        
Research and development 2,230 3,044 9,915 6,770
General and administrative 739 691 2,480 2,638
Total operating expenses 2,969 3,735 12,395 9,408
Loss from operations (1,957) (135) (9,740) (2,041)
Other income (expense):        
Interest expense, net (1,194) (124) (3,238) (364)
Other expense, net (43) (125) (87) (130)
Non-cash gain on changes in the fair value of stock warrants 2,390   760  
Other income (expense), net 1,153 (249) (2,565) (494)
Net loss $ (804) $ (384) $ (12,305) $ (2,535)
Basic and diluted net loss per share $ (0.01) $ (0.01) $ (0.21) $ (0.04)
Weighted average shares used in computing basic and diluted net loss per share 59,386 59,248 59,290 59,248