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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities    
Net loss $ (45,771) $ (19,288)
Adjustments to reconcile loss to net cash used in operating activities:    
Loss on extinguishment of debt 1,162  
Change in fair value of derivative liabilities 8,540 472
Unrealized (loss) gain on marketable securities (178) 6
Depreciation and amortization 326 438
Amortization of deferred financing costs and debt discount 887 164
Stock-based compensation expense 769 105
Changes in operating assets and liabilities :    
Accounts receivable (537)  
Interest receivable (127)  
Inventory (3,163)  
Prepaid expenses and other assets (918) (544)
Accounts payable and accrued expenses 1,341 (994)
Deferred product revenue, net 3,967  
Deferred licensing revenue 246 (149)
Other non-current liabilities 478 33
Net cash used in operating activities (32,978) (19,757)
Cash flows from investing activities    
Purchases of marketable securities (61,004) (36,824)
Sales and maturities of marketable securities 24,413 7,674
Purchases of property and equipment, net (1,037) (160)
Net cash used in investing activities (37,628) (29,310)
Cash flows from financing activities    
Proceeds from issuance of common stock 2,153 52,408
Proceeds from convertible debt issuances 90,000  
Repayment of secured notes payable (24,344) (1,771)
Financing costs and underwriters discounts (3,598) (2,872)
Net cash used in financing activities 64,211 47,765
Net change in cash and cash equivalents (6,395) (1,302)
Cash and cash equivalents at beginning of period 40,302 48,544
Cash and cash equivalents at end of period 33,907 47,242
Supplemental cash flow information:    
Cash paid for interest 975 1,488
Noncash financial activity:    
Conversion of preferred stock   49
Initial value of interest make-whole derivatives    
Issued in connection with the convertible debt $ 9,270