XML 52 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net loss $ (5,775) $ (4,260)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 235 281
Amortization of premium/discount on marketable securities 625 200
Amortization of deferred gain on sale leaseback (140) (140)
Non-cash stock compensation 1,365 1,198
Loss (gain) on auction rate securities 2 (85)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (481) 2,448
Other assets 81 (31)
Accounts payable and accrued expenses (2,681) (286)
Deferred revenue (3,571) (8,345)
Net cash used in operating activities (10,340) (9,020)
Cash flows from investing activities:    
Purchases of marketable securities (616) (14,307)
Proceeds from sale or maturity of marketable securities 11,603 30,934
Purchases of property and equipment   (73)
Net cash provided by investing activities 10,987 16,554
Cash flows from financing activities:    
Proceeds from stock option exercises   904
Net cash provided by financing activities    904
Net increase in cash and cash equivalents 647 8,438
Cash and cash equivalents, beginning of period 14,327 11,095
Cash and cash equivalents, end of period $ 14,974 $ 19,533