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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities    
Net loss $ (57,334) $ (46,044)
Adjustments to reconcile net loss to net cash used in operating activities    
Non-cash interest expense 4,038 4,267
Depreciation and amortization 2,092 2,241
Stock-based compensation 8,337 7,091
Changes in operating assets and liabilities    
Purchased premiums and interest on available-for-sale securities   (4)
Accounts receivable 1,711 (748)
Accounts payable, accrued expenses and other 7,474 (6,027)
Deferred revenues (26,502) (26,169)
Other assets and liabilities, net 527 1,173
Net cash used in operating activities (59,657) (64,220)
Cash flows from investing activities    
Purchases of available-for-sale securities   (20,100)
Proceeds from maturities of available-for-sale securities 53,963 94,733
Purchases of property and equipment (4,105) (2,983)
Net cash provided by investing activities 49,858 71,650
Cash flows from financing activities    
Proceeds from exercise of common stock options and warrants 6,542 4,936
Proceeds from issuance of preferred stock of Silver Creek Pharmaceuticals, Inc. 1,233  
Proceeds from convertible notes issued by Silver Creek Pharmaceuticals, Inc., net of issuance costs   300
Other financing activities, net   (1)
Net cash provided by financing activities 7,775 5,235
Net (decrease) increase in cash and cash equivalents (2,024) 12,665
Cash and cash equivalents, beginning of period 35,688 65,086
Cash and cash equivalents, end of period 33,664 77,751
Non-cash investing and financing activities    
Disposal of fully depreciated assets 106 670
Property and equipment in accounts payable and accrued expenses 2,060 564
Receivables related to stock option exercises 160  
Supplemental disclosure of cash flows    
Cash paid for interest $ 4,946 $ 4,915