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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net loss $ (28,581) $ (9,961)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 527 568
Non-cash derivatives (gain) loss 11,349 (4,132)
Common stock issued to 401(k) plan 157 118
Common stock issued for services   282
Share-based compensation expense 3,614 2,278
Changes in operating assets and liabilities:    
Restricted cash 61 230
Prepaid expenses 804 (322)
Other assets 3 3
Accounts payable 228 (188)
Accrued expenses 865 59
Net cash used in operating activities (10,973) (11,065)
Cash flows from investing activities:    
Purchases of property and equipment (2) (14)
Net cash used in investing activities (2) (14)
Cash flows from financing activities:    
Proceeds from exercise of stock options 1,009  
Repayment of loan payable, net (155) (55)
Proceeds from exercise of warrants 7,788  
Repayment of notes payable (18)  
Principal payments on capital lease obligation   (3)
Proceeds from issuance of common stock and warrants 11,038 14,791
Net cash provided by financing activities 19,662 14,733
Increase (decrease) in cash and cash equivalents 8,687 3,654
Cash and cash equivalents at beginning of period 13,459 13,980
Cash and cash equivalents at end of period 22,146  
Supplemental disclosure of cash flow information and non-cash investing and financing transactions:    
Cash paid for interest 97 77
Fair value of warrants issued in connection with underwriting agreement   $ 6,848
Reclassification of derivative warrant liability to additional paid-in capital in connection with exercises $ 16,122