XML 51 R8.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Operating activities:      
Net loss $ (19,071,000)us-gaap_NetIncomeLoss $ (41,303,000)us-gaap_NetIncomeLoss $ (30,857,000)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Amortization of intangible assets 3,374,000us-gaap_AmortizationOfIntangibleAssets 3,374,000us-gaap_AmortizationOfIntangibleAssets 3,509,000us-gaap_AmortizationOfIntangibleAssets
Depreciation and amortization of property and equipment 3,311,000us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease 6,944,000us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease 8,908,000us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease
Accretion of asset retirement obligation 0us-gaap_AssetRetirementObligationAccretionExpense 0us-gaap_AssetRetirementObligationAccretionExpense 30,000us-gaap_AssetRetirementObligationAccretionExpense
Stock-based compensation 4,620,000us-gaap_ShareBasedCompensation 4,389,000us-gaap_ShareBasedCompensation 5,076,000us-gaap_ShareBasedCompensation
Accretion of premium on marketable securities 2,000us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments 42,000us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments 697,000us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments
Loss on disposal of property and equipment 24,000us-gaap_GainLossOnSaleOfPropertyPlantEquipment 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment 1,551,000us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Impairment of property and equipment 1,841,000us-gaap_ImpairmentOfLongLivedAssetsHeldForUse 1,582,000us-gaap_ImpairmentOfLongLivedAssetsHeldForUse 0us-gaap_ImpairmentOfLongLivedAssetsHeldForUse
Gain on sale of Hungarian subsidiary (760,000)us-gaap_GainOrLossOnSaleOfStockInSubsidiary 0us-gaap_GainOrLossOnSaleOfStockInSubsidiary 0us-gaap_GainOrLossOnSaleOfStockInSubsidiary
Loss on disposal and exchange of Assets Held for Sale, net 87,000us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges 0us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges 0us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges
Change in fair value of assets held for sale 698,000cdxs_FairValueAdjustmentofAssetsHeldforsale 0cdxs_FairValueAdjustmentofAssetsHeldforsale 0cdxs_FairValueAdjustmentofAssetsHeldforsale
Other than temporary change in marketable securities 0cdxs_ImpairmentOfMarketableSecurities 0cdxs_ImpairmentOfMarketableSecurities 753,000cdxs_ImpairmentOfMarketableSecurities
Gain from extinguishment of asset retirement obligation 0cdxs_GainLossfromExtinguishmentofAssetRetirementObligation 0cdxs_GainLossfromExtinguishmentofAssetRetirementObligation (212,000)cdxs_GainLossfromExtinguishmentofAssetRetirementObligation
Common stock issuances for royalty payment to a licensor 0us-gaap_ProceedsFromIssuanceOrSaleOfEquity 0us-gaap_ProceedsFromIssuanceOrSaleOfEquity 68,000us-gaap_ProceedsFromIssuanceOrSaleOfEquity
Changes in operating assets and liabilities:      
Accounts receivable 1,587,000us-gaap_IncreaseDecreaseInAccountsReceivable 1,629,000us-gaap_IncreaseDecreaseInAccountsReceivable 11,372,000us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories 92,000us-gaap_IncreaseDecreaseInInventories (185,000)us-gaap_IncreaseDecreaseInInventories 3,186,000us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other current assets (339,000)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 850,000us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (3,051,000)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Other assets (78,000)us-gaap_IncreaseDecreaseInOtherNoncurrentAssets 337,000us-gaap_IncreaseDecreaseInOtherNoncurrentAssets (1,330,000)us-gaap_IncreaseDecreaseInOtherNoncurrentAssets
Accounts payable 713,000us-gaap_IncreaseDecreaseInAccountsPayable 308,000us-gaap_IncreaseDecreaseInAccountsPayable (6,710,000)us-gaap_IncreaseDecreaseInAccountsPayable
Accrued compensation (530,000)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities 130,000us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities (3,290,000)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities
Other accrued liabilities 555,000us-gaap_IncreaseDecreaseInOtherAccruedLiabilities (2,724,000)us-gaap_IncreaseDecreaseInOtherAccruedLiabilities 197,000us-gaap_IncreaseDecreaseInOtherAccruedLiabilities
Deferred revenues 4,195,000us-gaap_IncreaseDecreaseInDeferredRevenue 1,629,000us-gaap_IncreaseDecreaseInDeferredRevenue (1,789,000)us-gaap_IncreaseDecreaseInDeferredRevenue
Net cash provided by (used in) operating activities 321,000us-gaap_NetCashProvidedByUsedInOperatingActivities (22,998,000)us-gaap_NetCashProvidedByUsedInOperatingActivities (11,892,000)us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing activities:      
Purchase of property and equipment (302,000)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (1,175,000)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (2,933,000)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from disposal of property and equipment 167,000us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 238,000us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 0us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Proceeds from sale of Hungarian subsidiary 1,500,000us-gaap_ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries 0us-gaap_ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries 0us-gaap_ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
Proceeds from sale of assets held for sale 282,000us-gaap_ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets 0us-gaap_ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets 0us-gaap_ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
Purchase of marketable securities 0us-gaap_PaymentsToAcquireMarketableSecurities 0us-gaap_PaymentsToAcquireMarketableSecurities (20,638,000)us-gaap_PaymentsToAcquireMarketableSecurities
Proceeds from sale of marketable securities 3,000,000cdxs_ProceedsFromSaleOfMarketableSecurities 0cdxs_ProceedsFromSaleOfMarketableSecurities 10,397,000cdxs_ProceedsFromSaleOfMarketableSecurities
Proceeds from maturities of marketable securities 0cdxs_ProceedsfromMaturityofMarketableSecurities 13,409,000cdxs_ProceedsfromMaturityofMarketableSecurities 29,885,000cdxs_ProceedsfromMaturityofMarketableSecurities
Decrease in restricted cash 0us-gaap_IncreaseDecreaseInRestrictedCash 800,000us-gaap_IncreaseDecreaseInRestrictedCash 0us-gaap_IncreaseDecreaseInRestrictedCash
Net cash provided by investing activities 4,647,000us-gaap_NetCashProvidedByUsedInInvestingActivities 13,272,000us-gaap_NetCashProvidedByUsedInInvestingActivities 16,711,000us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing activities:      
Proceeds from exercises of stock options 195,000us-gaap_ProceedsFromStockOptionsExercised 318,000us-gaap_ProceedsFromStockOptionsExercised 1,257,000us-gaap_ProceedsFromStockOptionsExercised
Proceeds from issuance of common stock, net of issuance costs 9,000us-gaap_ProceedsFromIssuanceOfCommonStock 0us-gaap_ProceedsFromIssuanceOfCommonStock 0us-gaap_ProceedsFromIssuanceOfCommonStock
Taxes paid related to net share settlement of equity awards (815,000)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation (465,000)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation 0us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation
Net cash provided by (used in) financing activities (611,000)us-gaap_NetCashProvidedByUsedInFinancingActivities (147,000)us-gaap_NetCashProvidedByUsedInFinancingActivities 1,257,000us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rate changes on cash and cash equivalents 0us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 0us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 165,000us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net increase (decrease) in cash and cash equivalents 4,357,000us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (9,873,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 6,241,000us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at the beginning of the year 22,130,000us-gaap_CashAndCashEquivalentsAtCarryingValue 32,003,000us-gaap_CashAndCashEquivalentsAtCarryingValue 25,762,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at the end of the year 26,487,000us-gaap_CashAndCashEquivalentsAtCarryingValue 22,130,000us-gaap_CashAndCashEquivalentsAtCarryingValue 32,003,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosures of cash flow information:      
Cash paid for income taxes 15,000us-gaap_IncomeTaxesPaidNet 103,000us-gaap_IncomeTaxesPaidNet 126,000us-gaap_IncomeTaxesPaidNet
Long term deposit in other assets transferred to property and equipment 0us-gaap_IncreaseDecreaseInOtherOperatingAssets 1,857,000us-gaap_IncreaseDecreaseInOtherOperatingAssets 0us-gaap_IncreaseDecreaseInOtherOperatingAssets
Equipment in property and equipment transferred to (from) assets held for sale $ (333,000)us-gaap_IncreaseDecreaseInAssetsHeldForSale $ 2,179,000us-gaap_IncreaseDecreaseInAssetsHeldForSale $ 0us-gaap_IncreaseDecreaseInAssetsHeldForSale