XML 27 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net loss $ (15,287) $ (31,491)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 217 396
Stock-based compensation 2,435 1,673
Change in fair value of warrants (5,682) (10,385)
(Increase) decrease in:    
Receivables 113 27
Prepaid expenses and other current assets 957 2,845
Other noncurrent assets 15 269
Deposits   4
Increase (decrease) in:    
Accounts payable 25 (344)
Accrued expenses 1,416 2,453
Deferred revenue (400) (400)
Deferred rent (98) (11)
Net cash used in operating activities (16,289) (34,964)
Cash flows from investing activities:    
Purchases of property and equipment (99) (115)
Net cash used in investing activities (99) (115)
Cash flows from financing activities:    
Proceeds from exercise of stock options 1,317 854
Payments to employees for repurchase of common stock (132) (250)
Proceeds from exercise of warrants   101
Net cash provided by financing activities 1,185 705
Net increase (decrease) in cash and cash equivalents (15,203) (34,374)
Cash and cash equivalents, beginning of period 68,204 73,306
Cash and cash equivalents, end of period 53,001 38,932
Supplementary disclosure of cash flow information:    
Cash paid for interest 0 0
Cash paid for income taxes 0 0
Supplementary disclosure of noncash investing and financing activities:    
Exercise of equity-classified warrants to common shares $ 62 $ 72