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Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating activities:    
Net income (loss) $ (7,988) $ 2,603
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 492 350
Stock-based compensation 3,446 373
Deferred tenant inducements (32) (33)
Unrealized foreign exchange loss 2,353 8
Changes in operating assets and liabilities:    
Accounts receivable 31 73
Prepaid expenses, and other current assets 221 18
Accounts payable and accrued expenses (350) (126)
Deferred revenue (6,144) (6,333)
Net cash used in operating activities (7,971) (3,067)
Investing activities:    
Purchases of property, plant and equipment (190) (497)
Purchase of marketable securities   (2,946)
Proceeds from marketable securities 1,818 4,568
Net cash provided by investing activities 1,628 1,125
Financing activities:    
Deferred financing fees   (730)
Proceeds from issuance of common shares 213 4
Net cash provided by (used in) financing activities 213 (726)
Effect of exchange rate changes on cash and cash equivalents (1,550) (195)
Decrease in cash and cash equivalents (7,680) (2,863)
Cash and cash equivalents, beginning of period 72,026 37,950
Cash and cash equivalents, end of period 64,346 35,087
Supplemental disclosures:    
Interest received 268 238
Supplemental disclosures of non-cash transactions:    
Issuance of common shares on conversion of subscription rights   $ 27
Fair value of options exercised on a cashless basis $ 189