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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended 60 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Cash flows from operating activities:      
Net loss $ (52,188) $ (41,844) $ (138,759)
Adjustments to reconcile net loss to net cash used in operating activities:      
Gain on sale of subsidiary (1,016)    
Gain on the change in contingent consideration (409)    
Depreciation and amortization 597 165  
Non-cash interest expense 373 2,475  
Non-cash accretion expense 170    
Deferred taxes (608) (185)  
Stock-based compensation and vesting of restricted stock 3,470 1,719  
Other receivable recovery (177)    
Deferred rent and lease incentive activity (43) 95  
Loss on disposal of equipment 1    
Loss on impairment of asset held for sale 1,671    
Extinguishment of convertible notes   (22)  
Change in fair value of warrants   222  
Changes in operating assets and liabilities:      
Prepaid expenses and other current assets (1,982) (276)  
Restricted cash (99) 50  
Other non-current assets 111 (304)  
Accounts payable (1,235) (174)  
Accrued expenses and other current liabilities 3,302 1,823  
Other non-current liabilities (196) (210)  
Deferred revenue 698 996  
Settlement obligation 978    
Net cash used in operating activities (46,582) (35,470)  
Cash flows from investing activities:      
Cash acquired in acquisition 889 13,756  
Payment to stockholders of Bioceros (3,400)    
Proceeds from the sale of In process research and development 3,829    
Additions to intangible assets   (1,250)  
Proceeds from the sale of property & equipment   4  
Purchases of property and equipment (477) (217)  
Net cash provided by investing activities 841 12,293  
Cash flows from financing activities      
Proceeds from the issuance of common stock, net of costs 47,962    
Proceeds from the issuance of preferred stock and warrants   30,478  
Proceeds from the issuance of convertible notes   5,000  
Proceeds from the issuance of debt, net of fees paid to lender 7,500 7,285  
Payment of debt issuance costs   (49)  
Proceeds from the exercise of preferred stock warrants   334  
Repurchases of common stock   (297)  
Proceeds from the exercise of common stock options 355 90  
Net cash provided by financing activities 55,817 42,841  
Effect of exchange rate changes on cash and cash equivalents (23)    
Net increase (decrease) in cash and cash equivalents 10,053 19,664  
Cash and cash equivalents - Beginning of period 21,462 1,798  
Cash and cash equivalents - End of period 31,515 21,462 31,515
Supplemental disclosure of cash flow information      
Cash paid for interest 913 101  
Cash paid for income taxes 40 177  
Supplemental schedule of non-cash investing and financing activities:      
Amounts in accounts payable for capital expenditure 657 5 $ 657
Conversion of convertible debt and accrued interest into preferred stock and warrants   13,184  
Extinguishment of convertible debt and accrued interest into preferred stock   5,013  
Exercise of warrants into preferred stock   7,095  
Conversion of preferred stock into common stock   79,452  
Conversion of preferred stock warrants to equity   167  
Issuance of warrants in connection with Hercules debt   248  
Leasehold improvements incurred by landlord   477  
Fair value of assets and liabilities acquired in the Acquisition (Note 6):      
Fair value of assets acquired in the Acquisition 15,697    
Fair value of liabilities assumed in the Acquisition (2,084)    
Fair value of net assets acquired in the Acquisition $ 13,613    
Fair value of assets and liabilities acquired in the Merger (Note 5):      
Fair value of assets acquired in the Merger   36,223  
Fair value of liabilities assumed in the Merger   (4,899)  
Fair value of net assets acquired in the Merger   $ 31,324