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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating activities:    
Net loss $ (74,444) $ (106,754)
Income (loss) from discontinued operations 3,230 (1,421)
Loss from continuing operations (77,674) (105,333)
Adjustments to reconcile loss from continuing operations to net cash used in operating activities:    
Depreciation and amortization 3,558 4,406
Net amortization of premiums on marketable securities 127 908
Amortization of debt discount and loan fees 1,969 1,900
Debt conversion expense 5,027 0
Warrant expense related to vesting of ADM Warrant 0 72
Provision for doubtful accounts 321 0
Non-cash restructuring charges 0 372
Stock-based compensation expense 8,961 11,533
Loss from equity method investments 16,608 17,896
Change in fair value of derivative liabilities (82) (27)
Changes in operating assets and liabilities:    
Accounts receivable (1,530) (2,970)
Inventories (703) 2,252
Prepaid expenses and other assets (184) 5
Accounts payable (766) (278)
Accrued liabilities (1,151) (1,651)
Deferred revenue 1,285 77
Other current and long-term liabilities 679 4,875
Net cash used in operating activities — continuing operations (45,394) (65,963)
Net cash used in operating activities — discontinued operations (4,107) (3,057)
Net cash used in operating activities (49,501) (69,020)
Investing activities:    
Purchases of property, plant and equipment (1,488) (942)
Proceeds from the sale of equipment 0 119
Purchases of marketable securities (2,707) (23,349)
Maturities of marketable securities 22,665 86,952
Proceeds from sales of marketable securities 3,331 31,277
Capital contributions to Solazyme Bunge JV (7,798) (19,494)
Restricted certificates of deposit 0 181
Net cash provided by investing activities — continuing operations 14,003 74,744
Net cash provided by (used in) investing activities — discontinued operations 19,065 (220)
Net cash provided by investing activities 33,068 74,524
Financing activities:    
Proceeds from the issuance of common stock 2,291 720
Proceeds from issuance of preferred stock, net of offering costs 27,044 0
Other 0 (38)
Net cash provided by financing activities 29,335 682
Effect of exchange rate changes on cash and cash equivalents 159 (633)
Net increase in cash and cash equivalents 13,061 5,553
Cash and cash equivalents - beginning of period 46,966 42,689
Cash and cash equivalents - end of period 60,027 48,242
Supplemental disclosures of cash flow information:    
Interest paid in cash, net of capitalized interest 7,311 7,438
Non-cash investing and financing activities:    
Unpaid closing costs on sale of discontinued operations 228 0
Non-cash issuance of common stock options for offering costs 335 0
Issuance of common stock to settle restructuring liabilities 1,205 0
Convertible debt exchanged 12,671 0
Issuance of common stock $ 16,298 $ 0