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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities    
Net loss $ (7,710) $ (10,874)
Adjustments to reconcile net loss to net cash used in operating activities:    
Impairment of property and equipment   232
Depreciation and amortization 5 4,488
Accretion   199
Loss on disposal of fixed assets   (20)
Stock-based compensation 390 427
Non-cash interest expense 86 125
Amortization of premium and discount on investments 3 14
Changes in operating assets and liabilities:    
Restricted cash (4,000) 37
Accounts receivable 2,905 1,394
Prepaid expenses and other current assets 492 337
Other noncurrent assets 19 26
Accounts payable (1,085) (626)
Accrued expenses (1,263) (2,900)
Deferred revenue (203) (76)
Lease exit obligation   (3,345)
Deferred rent   (5,200)
Other liabilities 42 (58)
Net cash used in operating activities (10,319) (15,820)
Investing activities    
Purchases of marketable securities (5,746) (6,048)
Proceeds from maturities and sales of marketable securities 7,500 1,500
Proceeds from sale of property and equipment   928
Net cash provided by (used in) investing activities 1,754 (3,620)
Financing activities    
Proceeds from issuance of common stock, net of issuance costs   4,353
Proceeds from exercise of stock options and issuance of common and restricted stock 2 73
Debt issuance costs (15)  
Principal payments on loans payable   (2,757)
Net cash (used by) provided by financing activities (13) 1,669
Net decrease in cash and cash equivalents (8,578) (17,771)
Cash and cash equivalents at beginning of period 26,634 52,306
Cash and cash equivalents at end of period 18,056 34,535
Supplemental cash flow information    
Cash paid for interest $ 301 $ 617