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Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net loss $ (41,629) $ (42,296)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization expense 1,357 928
Stock-based compensation 5,247 5,986
Amortization of premium on investments, net 181 359
Other 190 45
Change in operating assets and liabilities:    
Contracts and other receivables 967 9,878
Prepaid materials (597) 2,834
Prepaid expenses and other assets 1,106 (1,970)
Accounts payable (907) 787
Accrued liabilities (814) (1,063)
Accrued compensation (885) (529)
Deferred revenue (36) (972)
Deferred rent and other liabilities (187) (262)
Net cash used in operating activities (36,007) (26,275)
Investing activities    
Purchases of short-term investments (4,453) (30,231)
Sales and maturities of short-term investments 37,929 47,522
Purchases of property and equipment (124) (266)
Acquisition of intangibles (16) (34)
Net cash provided by investing activities 33,336 16,991
Financing activities    
Proceeds from borrowing under term loan, net 0 19,819
Proceeds from issuance of common stock 265 363
Proceeds from exercise of common stock options 3 265
Principal payments on other long-term obligations 0 (83)
Net cash provided by financing activities 268 20,364
Net (decrease) increase in cash and cash equivalents (2,403) 11,080
Cash and cash equivalents at beginning of period 14,941 15,960
Cash and cash equivalents at end of period 12,538 27,040
Supplemental disclosure of cash flow information    
Net changes in restricted cash 0 (794)
Interest paid (946) (54)
Income taxes paid (1) (1)
Supplemental disclosure of non-cash investing and financing activities    
Allowance for tenant improvements 0 6,545
Amounts accrued for property and equipment 110 221
Amounts accrued for patent expenditures 0 7
Unpaid debt issuance costs $ 0 $ 38