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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities    
Net loss $ (20,027) $ (10,438)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 545 823
Non-cash interest expense 63 96
Stock-based compensation 1,180 1,436
Acquired in-process research and development 3,000 0
Provision for doubtful accounts 30 4
Gain on expiration of derivative liability (5,520) 0
Loss on equity investments 499 0
Deferred tax provision 0 (178)
Changes in operating assets and liabilities:    
Grants and other receivables (273) (56)
Prepaid expenses and other 140 90
Accounts payable 1,787 95
Deferred revenue (12) 0
Accrued expenses and other liabilities (1,598) (719)
Net cash used for operating activities (20,186) (8,847)
Investing activities    
Purchases of property and equipment (596) (343)
Investments in common stock 0 (1,500)
Net cash used in investing activities (596) (1,843)
Financing activities    
Net principal payments under loan and security agreement (1,204) 0
Net payments of deferred compensation 0 (1,000)
Proceeds from issuance of common stock 3,486 0
Proceeds from exercise of stock options 275 289
Net cash provided by (used in) financing activities 2,557 (711)
Net change in cash and cash equivalents (18,225) (11,401)
Cash and cash equivalents at beginning of period 39,038 71,902
Cash and cash equivalents at end of period 20,813 60,501
Cash paid during the period for:    
Income taxes 1 0
Interest paid 307 248
Supplemental disclosures of non-cash investing and financing activities:    
Change in unrealized gains or (losses) on marketable securities (51,183) 0
Property and equipment costs incurred but not paid $ 12 $ 135