Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 54,917 $ 48,344 [1]
Short-term investments 11,993 0
Trade and other receivables, net 6,386 12,332 [1]
Prepaid expenses and other current assets 1,423 2,019 [1]
Total current assets 74,719 62,695 [1]
Property and equipment, net 9,316 12,709 [1]
Other assets 1,882 2,632 [1]
Total assets 85,917 78,036 [1]
Current liabilities:    
Accounts payable 2,799 2,128 [1]
Accrued and other liabilities 7,866 10,012 [1]
Deferred revenue 4,566 5,695 [1]
Interest bearing obligation - current 2,796 2,796 [1]
Total current liabilities 18,027 20,631 [1]
Deferred revenue - long-term 6,876 7,539 [1]
Interest bearing obligations - long-term 32,677 33,524 [1]
Contingent warrant liabilities 23,293 379 [1]
Other liabilities - long term 1,181 952 [1]
Total liabilities 82,054 63,025 [1]
Stockholders' equity:    
Preferred stock, $0.05 par value, 1,000,000 shares authorized 0 0 [1]
Common stock, $0.0075 par value, 92,666,666 shares authorized, 68,107,116 and 35,107,007 shares outstanding at June 30, 2012 and December 31, 2011, respectively 511 263 [1]
Additional paid-in capital 935,980 900,801 [1]
Accumulated comprehensive income 5 0 [1]
Accumulated deficit (932,633) (886,053) [1]
Total stockholders' equity 3,863 15,011 [1]
Total liabilities and stockholders' equity $ 85,917 $ 78,036 [1]
[1] The condensed consolidated balance sheet as of December 31, 2011 has been derived from the audited financial statements as of that date included in the Company's Annual Report on Form 10-K for the year ended December 31, 2011.