Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation (Tables)

v2.4.0.8
Share-Based Compensation (Tables)
 3 Months Ended
Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
The following table summarizes the components of share-based compensation expense in the Condensed Consolidated Statements of Operations (in thousands):
 
 
 
Three Months Ended
September 30,
 
 
 
2013
 
2012
 
Research and development
 
$
18
 
$
132
 
General and administrative
 
 
217
 
 
322
 
Total
 
$
235
 
$
454
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes all stock option activity during the three months ended September 30, 2013:
 
 
 
Stock
Options
 
Weighted-
average
Exercise
Price
 
Weighted-
average
Remaining
Contractual
Term (in years)
 
Aggregate
Intrinsic Value
(in thousands)
 
Outstanding as of June 30, 2013
 
 
6,760,000
 
$
1.45
 
 
7.5
 
$
161
 
Granted
 
 
1,290,000
 
$
0.49
 
 
 
 
 
 
 
Outstanding as of September 30, 2013
 
 
8,050,000
 
$
1.30
 
 
7.6
 
$
176
 
Vested and expected to vest
    as of September 30, 2013
 
 
7,952,667
 
$
1.31
 
 
7.6
 
$
176
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable as of September 30, 2013
 
 
4,859,204
 
$
1.52
 
 
6.8
 
$
176