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STATEMENT OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended 9 Months Ended 15 Months Ended
Jun. 30, 2011
Jun. 30, 2012
Dec. 31, 2011
Jun. 30, 2012
Cash flows from operating activities:        
Net loss $ (410) $ (6,200) $ (2,624) $ (8,824)
Adjustments to reconcile net loss to net cash used in operating activities:        
Stock-based compensation expense 9 559 346 905
Depreciation and amortization   22   22
Changes in operating assets and liabilities:        
Prepaid expenses and other current assets   (165) (44) (209)
Accounts payable 2 328 276 605
Accrued expenses and other non-current liabilities 404 720 486 1,205
Net cash used in operating activities 5 (4,736) (1,560) (6,296)
Cash flows from investing activities:        
Purchase of property, plant, and equipment   (456) 0 (456)
Increase in restricted cash   (93) 0 (93)
Net cash used in investing activities   (549) 0 (549)
Cash flows from financing activities:        
Increase in deferred financing costs   (182)   (182)
Proceeds from issuance of preferred stock, net of issuance costs   34,992 6,099 41,091
Net proceeds from issuance of common stock 2 1 2 3
Net cash provided by financing activities 2 34,811 6,101 40,912
Increase in cash and cash equivalents 7 29,526 4,541 34,067
Cash and cash equivalents at beginning of period 0 4,541 0 0
Cash and cash equivalents at end of period 7 34,067 4,541 34,067
Supplemental disclosure of non-cash financing activity        
Accretion of convertible preferred stock to redemption value     $ 101 $ 101