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Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities:    
Net income (loss) $ (11,815) $ 11,794
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 754 533
Stock-based compensation 3,255 561
Deferred tenant inducements (47) (50)
Unrealized foreign exchange loss 5,486 52
Changes in operating assets and liabilities:    
Accounts receivable (61) 267
Prepaid expenses, and other current assets 315 (27)
Prepaid expenses, long term (1,700)  
Accounts payable and accrued expenses 223 614
Deferred revenue (9,266) (10,527)
Net cash provided by (used in) operating activities (12,856) 3,217
Investing activities:    
Purchases of property, plant and equipment (408) (753)
Purchase of marketable securities   (15,334)
Proceeds from marketable securities 10,745 11,803
Net cash provided by (used in) investing activities 10,337 (4,284)
Financing activities:    
Deferred financing fees   (1,305)
Proceeds from issuance of common shares 240 10
Net cash provided by (used in) financing activities 240 (1,295)
Effect of exchange rate changes on cash and cash equivalents (4,278) (1,857)
Decrease in cash and cash equivalents (6,557) (4,219)
Cash and cash equivalents, beginning of period 72,026 37,950
Cash and cash equivalents, end of period 65,469 33,731
Supplemental disclosures:    
Interest received 550 439
Supplemental disclosures of non-cash transactions:    
Issuance of common shares on conversion of subscription rights   $ 32
Fair value of options exercised on a cashless basis $ 544