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Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Operating activities:    
Net income (loss) $ (9,156) $ 1,373
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 207 175
Stock-based compensation 5,219 186
Deferred tenant inducements (16) (17)
Unrealized foreign exchange loss 3,140 37
Changes in operating assets and liabilities:    
Accounts receivable (996) 2
Prepaid expenses, and other current assets 220 29
Accounts payable and accrued expenses (1,110) (265)
Deferred revenue (3,055) (2,362)
Net cash used in operating activities (5,547) (842)
Investing activities:    
Purchases of property, plant and equipment (84) (480)
Purchase of marketable securities   (2,578)
Proceeds from marketable securities 1,575 2,720
Net cash provided by (used in) investing activities 1,491 (338)
Financing activities:    
Deferred financing fees   (398)
Proceeds from issuance of common shares 127 5
Net cash provided by (used in) financing activities 127 (393)
Effect of exchange rate changes on cash and cash equivalents (2,180) (1,430)
Decrease in cash and cash equivalents (6,109) (3,003)
Cash and cash equivalents, beginning of period 72,026 37,950
Cash and cash equivalents, end of period 65,917 34,947
Supplemental disclosures:    
Interest received 121 125
Supplemental disclosures of non-cash transactions:    
Issuance of common shares on conversion of subscription rights   $ 14
Fair value of options exercised on a cashless basis $ 69