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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net loss $ (24,834) $ (20,496)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 1,011 997
Recovery for doubtful accounts 5 0
Non-cash interest expense 931 7,369
Stock - based compensation 391 427
Changes in operating assets and liabilities:    
Restricted cash—NYSGC Lottery and Purse Accounts 267 (823)
Accounts receivable 47 341
Prepaid expenses and other current assets (693) (1,609)
Other assets (3) 68
Accounts payable (103) (762)
Accrued expenses and other current liabilities 5,615 1,238
Net cash used in operating activities (17,376) (13,250)
Cash flows from investing activities:    
Purchase of property and equipment (521) (632)
Restricted cash 34,115 0
Net cash used in investing activities (34,612) (630)
Cash flows from financing activities:    
Proceeds from rights offering, net of expenses 49,528 13,180
Payments for Redemption of Shares 533 0
Proceeds from exercise of stock options and warrants 2,560 2,389
Net cash provided by financing activities 51,555 15,569
Net (decrease) / increase in cash and cash equivalents (433) 1,689
Cash and cash equivalents, beginning of period 6,435 7,526
Cash and cash equivalents, end of period 6,002 9,215
Supplemental disclosures of cash flow information:    
Interest paid 1,042 999
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 $ 24 $ 2