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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating activities:    
Net loss $ (20,222) $ (20,383)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 230 85
Noncash interest expense 101 76
Amortization of premium on marketable securities 217 218
Stock based compensation expense 1,018 554
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (351) (1,044)
Accounts payable (540) 1,402
Accrued compensation (81) (146)
Accrued research and clinical liabilities (1,101) (1,069)
Other liabilities 49 (68)
Deferred rent (3) (29)
Net cash used in operating activities (20,683) (20,404)
Investing activities:    
Purchase of marketable securities (49,902) (39,731)
Proceeds from maturities of marketable securities 22,460 4,705
Purchases of property and equipment (287) (23)
Changes in restricted cash (193)  
Net cash used in investing activities (27,922) (35,049)
Financing activities:    
Proceeds from initial public offering, net of offering costs   63,912
Proceeds from issuances of debt 5,000  
Proceeds from issuance of common stock 59 68
Principal payments under notes payable (1,621)  
Net cash provided by financing activities 3,438 63,980
Net (decrease) increase in cash and cash equivalents (45,167) 8,527
Cash and cash equivalents, beginning of period 54,220 10,947
Cash and cash equivalents, end of period 9,053 19,474
Supplemental cash flow disclosure:    
Cash paid for interest 425 453
Supplemental disclosure of noncash financing activities:    
Conversion of preferred stock to common stock and additional paid-in capital   102,023
Reclassification of preferred stock warrants liability to additional paid-in capital   157
Issuance of common stock warrants in connection with a loan amendment   $ 130