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Condensed consolidated statements of cash flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net loss $ (16,197) $ (15,937)
Non-cash items and reclassifications:    
Financing costs   320
Fees and penalty on bank loan repayment   100
Amortization and extinguishment of remaining discount on preferred stock upon conversion of preferred stock   1,884
Change in fair value of derivative liabilities 70 (958)
Stock-based compensation 1,145 585
Stock-based purchase of patent rights   186
Foreign exchange loss and others 39 218
Changes in operating assets and liabilities:    
Accounts and other amounts receivable 46 (48)
Prepayments and deposits (364) (125)
Accounts payable and accrued liabilities (1,515) 2,983
Cash used in operating activities (16,776) (10,792)
Investing activities    
Purchase of investments   (36,474)
Proceeds from maturity of investments 18,163 6,920
Purchase of property and equipment (16) (86)
Sale of property and equipment   16
Cash (used in) provided by investing activities 18,147 (29,624)
Financing activities    
Bank loan repayment, fees and penalty   (2,600)
Proceeds from exercise of stock options 1,121  
Public offering of common shares 98,038 53,130
Public offering costs (6,063) (5,251)
Cash (used in) provided by financing activities 93,096 45,279
Increase (decrease) in cash and cash equivalents during the period 94,467 4,863
Cash and cash equivalents, beginning of period 14,906 11,006
Cash and cash equivalents, end of period 109,373 15,869
Supplemental disclosure of cash flow information:    
Interest paid   32
Interest received 36 80
Non-cash financing activities:    
Accrued offering costs $ 169 $ 50