XML 34 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Operating activities    
Net loss $ (14,894)us-gaap_NetIncomeLoss $ (11,422)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 485us-gaap_DepreciationDepletionAndAmortization 396us-gaap_DepreciationDepletionAndAmortization
Stock-based compensation expense 1,252us-gaap_AllocatedShareBasedCompensationExpense 1,039us-gaap_AllocatedShareBasedCompensationExpense
Net amortization of premium on short-term investments 88us-gaap_InvestmentIncomeNetAmortizationOfDiscountAndPremium (173)us-gaap_InvestmentIncomeNetAmortizationOfDiscountAndPremium
Amortization of debt discount 0us-gaap_AmortizationOfDebtDiscountPremium 51us-gaap_AmortizationOfDebtDiscountPremium
Interest accrued on long-term notes 0nstg_InterestAccruedOnLongTermNotes 88nstg_InterestAccruedOnLongTermNotes
Accrued interest converted to principal balance of term loan 267nstg_AccruedInterestInTermLoanPrincipalAmount 0nstg_AccruedInterestInTermLoanPrincipalAmount
Gain on sale of investments 0us-gaap_AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments (2)us-gaap_AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
Changes in operating assets and liabilities    
Accounts receivable, net 1,966us-gaap_IncreaseDecreaseInAccountsReceivable 902us-gaap_IncreaseDecreaseInAccountsReceivable
Inventory (2,690)us-gaap_IncreaseDecreaseInInventories (772)us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other (226)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (568)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Other assets 35us-gaap_IncreaseDecreaseInOtherOperatingAssets 136us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable 1,097us-gaap_IncreaseDecreaseInAccountsPayable (735)us-gaap_IncreaseDecreaseInAccountsPayable
Accrued liabilities (3,747)us-gaap_IncreaseDecreaseInAccruedLiabilities (1,651)us-gaap_IncreaseDecreaseInAccruedLiabilities
Deferred revenue (663)us-gaap_IncreaseDecreaseInDeferredRevenue (217)us-gaap_IncreaseDecreaseInDeferredRevenue
Deferred rent 310us-gaap_StraightLineRent (130)us-gaap_StraightLineRent
Net cash used in operating activities (16,720)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (13,058)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Investing activities    
Purchases of property and equipment (632)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (446)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Decrease in restricted cash 0us-gaap_IncreaseDecreaseInRestrictedCash 59us-gaap_IncreaseDecreaseInRestrictedCash
Proceeds from sale of short-term investments 3,000us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities 5,671us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities
Proceeds from maturity of short-term investments 22,679us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities 0us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
Purchases of short-term investments (11,900)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (29,631)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
Net cash provided by (used) in investing activities 13,147us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (24,347)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Financing activities    
Repayment of long-term debt (68)us-gaap_RepaymentsOfLongTermDebt (1,129)us-gaap_RepaymentsOfLongTermDebt
Proceeds from public offering 0us-gaap_ProceedsFromIssuanceInitialPublicOffering 57,016us-gaap_ProceedsFromIssuanceInitialPublicOffering
Proceeds from issuance of common stock for employee stock purchase plan 664us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 442us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
Proceeds from exercise of stock options 82us-gaap_ProceedsFromStockOptionsExercised 108us-gaap_ProceedsFromStockOptionsExercised
Net cash provided by financing activities 678us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 56,437us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net (decrease) increase in cash and cash equivalents (2,895)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 19,032us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Effect of exchange rate changes on cash and cash equivalents 20us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations 0us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
Cash and cash equivalents    
Beginning of period 17,223us-gaap_CashAndCashEquivalentsAtCarryingValue 9,941us-gaap_CashAndCashEquivalentsAtCarryingValue
End of period $ 14,348us-gaap_CashAndCashEquivalentsAtCarryingValue $ 28,973us-gaap_CashAndCashEquivalentsAtCarryingValue