XML 68 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended 109 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Operating Activities      
Net loss $ (29,128) $ (33,592) $ (287,994)
Adjustments to reconcile net loss to net cash used in operating activities:      
(Gain) loss from change in fair value of warrant liabilities (2,599)   3,448
(Gain) loss from change in fair value of embedded derivative (2,744) (693) (22,858)
(Gain) loss from change in fair value of convertible debt 5,129   5,129
Non-cash stock-based compensation 1,503 2,126 31,939
Depreciation and amortization 1,604 1,694 18,602
Non-cash interest expense 5,365 2,976 15,372
Loss on conversion of debt   2,038 2,038
Loss (gain) from change in fair value of derivatives 42 207 (563)
Other non-cash expenses     1,855
Changes in operating assets and liabilities (net of effects of acquisitions):      
Accounts receivable (1,727) 200 (1,086)
Inventories (661) 3,228 (1,602)
Prepaid expenses and other current assets 228 31 540
Deposits and other assets (31)   (318)
Accounts payable, accrued expenses, and long-term liabilities (2,201) 2,598 5,804
Net cash used in operating activities (25,220) (19,187) (229,694)
Investing Activities      
Acquisitions of property, plant and equipment (3,837) (2,758) (82,330)
Proceeds from sales tax refund     2,006
Other     (575)
Acquisition of Agri-Energy, net of cash assumed     (24,936)
Restricted deposits (2,611)   (2,650)
Net cash used in investing activities (6,448) (2,758) (108,485)
Financing Activities      
Payments on secured debt (9,622) (4,141) (42,847)
Debt and equity offering costs (3,353)   (18,567)
Proceeds from issuance of common stock upon exercise of stock options and ESPP 19 9 1,398
Proceeds from issuance of common stock and common stock units     205,340
Proceeds from issuance of convertible preferred stock     86,025
Proceeds from issuance of 2017 Notes, net 25,907   68,207
Proceeds from issuance of secured debt     41,578
Proceeds from issuance of convertible promissory notes with warrants     3,000
Deposit on secured debt and other   (79) (639)
Proceeds from the exercise of warrants     592
Net cash (used in) provided by financing activities 12,951 (4,211) 344,087
Net (decrease) increase in cash and cash equivalents (18,717) (26,156) 5,908
Cash and cash equivalents      
Beginning of period 24,625 66,744  
Ending of period 5,908 40,588 5,908
Supplemental disclosures of cash and non-cash investing and financing transactions      
Cash paid for interest, net of interest capitalized 2,013 2,389 15,934
Capitalization of interest, from term to 2017 Convertible Notes 201   201
Non-cash purchase of property, plant and equipment 400 227 400
Conversion of convertible debt to common stock   12,784 12,784
Issuance of common stock for services   483 483
Issuance of common stock warrants     4,048
Modification of warrants     179
Conversion of preferred stock warrants to common stock warrants upon initial public offering and reclassification of related liability to additional paid-in-capital     2,063
Deemed dividend—amortization of beneficial conversion feature on Series D-1 preferred stock     3,872
Promissory notes and accrued interest converted to Series C preferred stock     3,043
Issuance of Series C preferred stock upon exercise of warrant (amount reclassified from liability to equity)     1,458
Issuance of Series D-1 preferred stock to ICM, Inc. in exchange for a credit against future services     1,000
Reclassified deferred offering costs to additional paid-in-capital upon initial public offering     4,296
Issued With Secured Long Term Debt
     
Supplemental disclosures of cash and non-cash investing and financing transactions      
Warrants issued with secured debt     1,746
Issued With Convertible Promissory Notes
     
Supplemental disclosures of cash and non-cash investing and financing transactions      
Warrants issued with secured debt     $ 505