Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Operations

v2.4.0.6
Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenue:      
Royalty revenue $ 3,585 $ 2,512  
Grant revenue 483 7,557  
License revenue   24 79
Total revenue 4,068 10,093 79
Operating expenses:      
Research and development 11,206 12,855 2,456
General and administrative 3,368 3,263 3,438
Total operating expenses 14,574 16,118 5,894
Loss from operations (10,506) (6,025) (5,815)
Other income (expense):      
Interest expense, net (6,430) (678) (6)
Other expense, net (129) (131) (65)
Non-cash gain on decrease in the fair value of warrants 1,862    
Other expense, net (4,697) (809) (71)
Net loss (15,203) (6,834) (5,886)
Gain on retirement of preferred stock upon dissolution of subsidiary   1,241  
Net loss applicable to common stockholders $ (15,203) $ (5,593) $ (5,886)
Basic and diluted net loss per common share $ (0.26) $ (0.09) $ (0.10)
Weighted average shares used in computing basic and diluted net loss per common share 59,324 59,248 58,473