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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net loss $ (11,697) $ (15,648)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 674 676
Non-cash interest expense 619 5,200
Loss on disposal of property and equipment 0 (65)
Stock - based compensation 270 284
Changes in operating assets and liabilities:    
Restricted cash—NYSGC Lottery and Purse Accounts 127 (615)
Accounts receivable (17) 765
Prepaid expenses and other current assets 172 (432)
Other assets (10) 45
Accounts payable 232 143
Accrued expenses and other current liabilities 328 1,459
Net cash used in operating activities (9,302) (8,058)
Cash flows from investing activities:    
Purchase of property and equipment (318) (218)
Restricted cash 42,484 0
Net cash used in investing activities (42,815) (229)
Cash flows from financing activities:    
Proceeds from rights offering, net of expenses 49,528 13,237
Proceeds from exercise of stock options and warrants 2,560 2,389
Net cash provided by financing activities 52,088 15,626
Net (decrease) / increase in cash and cash equivalents (29) 7,339
Cash and cash equivalents, beginning of period 6,435 7,526
Cash and cash equivalents, end of period 6,406 14,865
Supplemental disclosures of cash flow information:    
Interest paid 706 768
Noncash investing and financing activities:    
Common stock issued in settlement of preferred stock dividends 159 218
Racing Capital Improvements [Member]    
Cash flows from investing activities:    
Restricted cash $ (13) $ (11)