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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities    
Net loss $ (9,277) $ (11,049)
Loss from discontinued operations   1,334
Loss from continuing operations (9,277) (9,715)
Adjustments to reconcile loss from continuing operations to net cash used in operating activities:    
Gain on sale of property and equipment   (25)
Change in fair value of warrant liability 328 (27)
Unrealized gain on marketable securities 8 2
Depreciation and amortization 225 208
Amortization of deferred financing costs 83 39
Stock-based compensation expense 52 (140)
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (158) (1,570)
Accounts payable and accrued expenses (1,387) (846)
Interest payable 133 138
Deferred revenue (58)  
Other non-current liabilities (17) 386
Net cash used in operating activities from continuing operations (10,068) (11,550)
Net cash provided by operating activities from discontinued operations   1,749
Net cash used in operating activities (10,068) (9,801)
Cash flows from investing activities    
Purchases of marketable securities (21,806) (13,848)
Sales and maturities of marketable securities 293 8,349
Purchases of property and equipment, net (40) (203)
Net cash used in investing activities from continuing operations (21,553) (5,702)
Net cash used in investing activities (21,553) (5,702)
Cash flows from financing activities    
Proceeds from issuance of common stock 49  
Proceeds from issuance of secured notes payable   15,000
Repayment of secured notes payable (437)  
Deferred financing costs (669) (656)
Net cash provided by (used in) financing activities from continuing operations (1,057) 14,344
Net cash used in financing activities from discontinued operations   (1,739)
Net cash provided by (used in) financing activities (1,057) 12,605
Net change in cash and cash equivalents (32,678) (2,898)
Cash and cash equivalents at beginning of period 48,544 23,741
Cash and cash equivalents at end of period 15,866 20,843
Supplemental cash flow information:    
Cash paid for interest-Continuing operations 688 165
Cash paid for interest-Discontinued operations   $ 3,032