Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

v2.4.1.9
CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenues:    
License revenue $ 911us-gaap_LicensesRevenue $ 911us-gaap_LicensesRevenue
Total revenue 911us-gaap_Revenues 911us-gaap_Revenues
Operating expenses:    
Research and development 1,431us-gaap_ResearchAndDevelopmentExpense 949us-gaap_ResearchAndDevelopmentExpense
General and administrative 1,095us-gaap_GeneralAndAdministrativeExpense 896us-gaap_GeneralAndAdministrativeExpense
Total operating expenses 2,526us-gaap_OperatingExpenses 1,845us-gaap_OperatingExpenses
Loss from operations (1,615)us-gaap_OperatingIncomeLoss (934)us-gaap_OperatingIncomeLoss
Other expense:    
Other expense, net (3)us-gaap_OtherNonoperatingIncomeExpense (6)us-gaap_OtherNonoperatingIncomeExpense
Non-cash loss on changes in the fair value of warrants (3,279)us-gaap_FairValueAdjustmentOfWarrants (864)us-gaap_FairValueAdjustmentOfWarrants
Other expense, net (3,282)us-gaap_NonoperatingIncomeExpense (870)us-gaap_NonoperatingIncomeExpense
Net loss and comprehensive loss $ (4,897)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (1,804)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Basic net loss per common share (in dollars per share) $ (0.04)us-gaap_EarningsPerShareBasic $ (0.02)us-gaap_EarningsPerShareBasic
Diluted net loss per common share (in dollars per share) $ (0.04)us-gaap_EarningsPerShareDiluted $ (0.02)us-gaap_EarningsPerShareDiluted
Weighted average shares used in computing basic net loss per common share (in shares) 110,170us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 88,929us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares used in computing diluted net loss per common share (in shares) 110,305us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 88,929us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding