XML 40 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net loss $ (25,813) $ (24,431)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of purchased premium/discount 23 49
Depreciation of fixed assets 641 824
Non-cash interest expense 3,293 1,915
Compensation expenses associated with stock-based compensation plans 4,353 2,775
Non-cash stock issuance 1,076  
Provision for doubtful accounts   (35)
Gain on sale of fixed asset   (110)
Changes in operating assets and liabilities:    
Accounts receivable 1,292 (1,363)
Other current assets 80 2,654
Inventory 1,333 (3,130)
Accounts payable and accrued expenses 976 (3,589)
Deferred revenue (1,381) (3,053)
Long-term deferred rent (92) 715
Other 32 153
Net cash used in operating activities (14,187) (26,626)
Cash flows from investing activities:    
Purchase of investments (4,002) (6,057)
Proceeds from maturity of investments 9,000 23,000
Purchase of fixed assets (497) (3,834)
Restricted cash   1,266
Proceeds from sale of fixed assets   200
Net cash provided by investing activities 4,501 14,575
Cash flows from financing activities:    
Net proceeds from the issuance of common and preferred stock 29,068  
Repayment of long-term obligations (331) (135)
Proceeds from long-term obligations   1,382
Proceeds from the issuance of common stock under employee stock purchase plan and exercise of stock options 4,069 682
Net cash provided by financing activities 32,806 1,929
Net increase (decrease) in cash and cash equivalents 23,120 (10,122)
Cash and cash equivalents at beginning of the period 20,018 31,468
Cash and cash equivalents at end of the period 43,138 21,346
Supplemental disclosure of cash flow information:    
Interest paid $ 3,057 $ 7,431