XML 34 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating activities:  
Net loss$ (38,320)$ (19,199)
Adjustments to reconcile net loss to net cash used in operating activities:  
Depreciation and amortization1,142572
Loss on disposal of property and equipment6 
Accretion (amortization) of premium/discount on marketable securities1,025331
Amortization of debt discount6660
Amortization of loan fees8 
Noncash interest expense (income) - net(4)(34)
Issuance of common stock in connection with professional services rendered16 
Issuance of common stock warrant in connection with professional services 6
Stock-based compensation expense7,575955
Revaluation of preferred stock warrant liability3,637638
Changes in operating assets and liabilities:  
Accounts receivable(486)1,890
Unbilled revenue(1,697) 
Inventories(3,194) 
Prepaid expenses and other current assets(2,566)(237)
Other assets69(4)
Accounts payable(956)1,397
Accrued liabilities3,093142
Deferred revenue(449)(1,967)
Other current and long-term liabilities(26)484
Net cash used in operating activities(31,061)(14,966)
Investing activities:  
Purchases of property, plant and equipment(13,241)(1,717)
Proceeds received from sale of equipment290 
Purchases of marketable securities(137,992)(31,278)
Proceeds from sales of marketable securities3,118 
Maturities of marketable securities45,70715,000
Restricted cash(50)(269)
Net cash used in investing activities(102,168)(18,264)
Financing activities:  
Repayments under loan agreements(34)(1,858)
Proceeds from the issuance of convertible preferred stock 60,000
Payment for equity financing costs (232)
Proceeds from the issuance of common stock, net of repurchases409103
Early exercise of stock options subject to repurchase(61)316
Payments received on promissory notes to stockholders1,601 
Proceeds from borrowings under loan agreements15,000 
Payment for loan costs/fees(90) 
Proceeds from exercise of common and preferred stock warrants37 
Proceeds from issuance of common stock in initial public offering, net of underwriting discounts and commission201,236 
Offering costs(3,852) 
Net cash provided by financing activities214,24658,329
Effect of exchange rates on cash and cash equivalents(314) 
Net increase in cash and cash equivalents80,70325,099
Cash and cash equivalents - Beginning of period32,49719,845
Cash and cash equivalents - End of period113,20044,944
Supplemental disclosures of cash flow information:  
Interest paid in cash254162
Income taxes paid in cash  
Supplemental disclosure of noncash investing and financing activities:  
Accretion of redeemable convertible preferred stock60103
Capital assets in accounts payable and accrued liabilities1,002123
Accrued offering costs356 
Addition of land, building and equipment under notes payable5,248265
Change in unrealized gain (loss) on investments343 
Conversion of convertible preferred stock to common stock upon initial public offering128,374 
Reclassification of preferred stock warrant liability6,598 
Reclassification of deferred offering costs to additional paid-in capital upon initial public offering$ 4,180