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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 63 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Cash flows from operating activities:      
Net loss $ (16,266) $ (7,521) $ 155,025
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 287 96  
Non-cash interest expense 66 133  
Non-cash accretion expense 117    
Stock-based compensation and vesting of restricted stock 1,999 468  
Deferred rent and lease incentive activity (15) (6)  
Deferred taxes (46) (46)  
Changes in operating assets and liabilities:      
Prepaid expenses and other current assets 703 (360)  
Other non-current assets (7) 154  
Accounts payable 1,104 175  
Accrued expenses and other current liabilities (455) (1,399)  
Other non-current liabilities   (125)  
Settlement obligation (488)    
Deferred revenue 2,386 243  
Net cash used in operating activities (10,615) (8,188)  
Cash flows from investing activities:      
Purchases of property and equipment (70)    
Net cash provided by investing activities (70)    
Cash flows from financing activities      
Proceeds from the issuance of common stock, net of costs 18 48,027  
Proceeds from the exercise of common stock options   245  
Net cash used in financing activities 18 48,272  
Non-cash activity      
Effect of exchange rate on cash 17    
Net increase (decrease) in cash and cash equivalents (10,650) 40,084  
Cash and cash equivalents - Beginning of period 31,515 21,462  
Cash and cash equivalents - End of period 20,865 61,546 20,865
Supplemental disclosure of cash flow information      
Issuance of common stock related to Bioceros acquisition (see Note 5) 5,000    
Cash paid for interest 309 149  
Cash paid for income taxes 3 $ 34  
Supplemental schedule of non-cash investing and financing activities:      
Amounts in accounts payable for capital expenditure $ 595   $ 595