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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net loss$ (21,008)$ (50,998)
Adjustments to reconcile net loss to net cash used in operating activities:  
Depreciation4,0524,349
Common shares contribution to 401(k)1,046905
Share-based compensation expense5,5983,743
Accrued interest on interest bearing obligations762260
Revaluation of warrant liabilities(3,349)(4,811)
Warrant modification expense04,500
Amortization of discount on long-term debt1,0190
Unrealized loss on foreign currency exchange1,1360
Unrealized gain on foreign exchange options(157)0
Other non-cash adjustments4719
Changes in assets and liabilities affecting cash:  
Trade and other receivables, net5,964(713)
Prepaid expenses and other assets(1,850)(615)
Accounts payable and accrued liabilities(1,305)2,217
Deferred revenue(13,008)(1,510)
Other liabilities78(256)
Net cash used in operating activities(20,975)(42,910)
Cash flows from investing activities:  
Purchase of property and equipment(2,586)(277)
Net cash used in investing activities(2,586)(277)
Cash flows from financing activities:  
Proceeds from issuance of long-term debt20,1020
Proceeds from issuance of common shares12,43540,638
Payment for modification of warrants0(4,500)
Net cash provided by financing activities32,53736,138
Effect of exchange rate changes on cash(573)0
Net increase (decrease) in cash and cash equivalents8,976(7,049)
Cash and cash equivalents at the beginning of the period37,30423,909
Cash and cash equivalents at the end of the period45,70716,860
Supplemental Cash Flow Information:  
Cash paid for income taxes1516
Non-cash investing and financing activities:  
Discount on long-term debt(8,899)0
Issuance and extinguishment of warrant liabilities01,767
Interest added to principal balance on Novartis note170164
Interest added to principal balance on Servier loan$ 330$ 0