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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities    
Net loss $ (39,859) $ (25,923)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 475 412
Stock based compensation expense 6,410 1,518
Gain on sale of assets, net (2) (5)
Amortization of debt discount and debt issuance costs 256 55
Accrual of the end of term charge on the debt 126  
Changes in operating assets and liabilities:    
Accounts receivable   757
Prepaid expenses and other assets (1,078) (175)
Accounts payable (2,399) 651
Accrued expenses and deferred rent 3,908 31
Accrued lease expense (190) (193)
Accrued compensation (254) 786
Net cash used in operating activities (32,607) (22,086)
Investing activities    
Purchase of fixed assets (713) (122)
Proceeds from sale of asset 2 5
Maturity of a certificate of deposit 2,153  
Sales of short -term investments   17,050
Net cash provided by investing activities 1,442 16,933
Financing activities    
Payments on capital lease obligations (80) (91)
Borrowings of long-term debt, net of issuance costs   9,726
Net proceeds from issuance of common stock 67,017 25,659
Proceeds from exercise of stock options 1,471  
Net cash provided by financing activities 68,408 35,294
Increase in cash and cash equivalents 37,243 30,141
Cash and cash equivalents at beginning of period 90,782 14,848
Cash and cash equivalents at end of period 128,025 44,989
Supplemental disclosures of cash flow information:    
Cash paid for interest 1,416 164
Cash paid for taxes   4
Supplemental disclosures of non-cash investing and financing activities:    
Unrealized gain on investments   385
Value of warrant exercised by converting the warrant into shares of common stock ("net issuance method") 790  
Value of warrant granted in connection with debt financing   $ 790