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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flows from Operating Activities    
Net loss $ (22,921) $ (25,088)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 21 33
Noncash stock-based compensation 2,925 2,836
(Increase) decrease in prepaid expenses and other current assets (124) (75)
Increase (decrease) in accounts payable and accrued expenses (433) (576)
Net cash used in operating activities (20,532) (22,870)
Cash Flows from Investing Activities    
Capital expenditures 0 0
Net cash used in investing activities 0 0
Cash Flows from Financing Activities    
Exercise of stock options & warrants 0 147
Proceeds from a shareholder transaction 102 0
Net cash provided by financing activities 102 147
Net decrease in cash and cash equivalents (20,430) (22,723)
Cash and cash equivalents at beginning of period 46,620 75,807
Cash and cash equivalents at end of period $ 26,190 $ 53,084