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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Net (loss) $ (27,608) $ (26,924) $ (17,263)
Adjustments to reconcile net (loss) to net cash used in operating activities:      
Depreciation and amortization 36 71 68
Stock-based compensation 7,563 6,162 4,367
Net change in deferred taxes 0 3,158 5,663
Change in value of derivative liability (1,608) 927 5,595
Changes in assets and liabilities:      
Prepaid expenses and other current assets (243) (23) (3)
Prepaid taxes 14,963 (4,934) (10,459)
Deferred revenue 667 0 0
Accounts payable and accrued liabilities (1,449) 1,970 708
Income tax liability 395 0 (6,928)
Net cash used in operating activities (7,284) (19,593) (18,252)
Cash flows from investing activities:      
Purchase of property and equipment (7) (37) (51)
Purchase of investments (92,729) (59,342) (34,082)
Proceeds from sale or maturity of investments 99,362 47,299 63,101
Net cash provided by (used in) investing activities 6,626 (12,080) 28,968
Cash flows from financing activities:      
Proceeds from exercise of options 170 1,691 1,068
Proceeds from exercise of warrants 0 161 3,063
Net cash provided by financing activities 170 1,852 4,131
Net increase (decrease) in cash and cash equivalents (488) (29,821) 14,847
Cash and cash equivalents, beginning of year 19,661 49,482 34,635
Cash and cash equivalents, end of year 19,173 19,661 49,482
Supplemental disclosure of cash flow information:      
Cash paid during the year for taxes 0 0 9,600
Cash paid during the year for interest $ 0 $ 0 $ 0