XML 33 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating activities:  
Net loss from continuing operations$ (10,613)$ (13,379)
Adjustments to reconcile net loss from continuing operations to cash used in operating activities:  
Share-based compensation expense to employees and others1,4492,931
Depreciation and amortization1,1091,382
Gain on early extinguishment of debt(8,427) 
Loss from exercise of warrants1,021 
Derivative fair value adjustment514(3,050)
Amortization of debt issuance costs1862,337
Amortization of initial fair value of derivative(51)(134)
Amortization of beneficial conversion feature132 
Impairment3,0813,467
Gain on debt for equity exchange(435)(3,115)
Other46(82)
Changes in operating assets and liabilities:  
Accounts receivable 550
Prepaid expenses and other assets(186)(275)
Deferred revenue and other obligations(390)(754)
Accounts payable and accrued expenses(1,937)(1,883)
Cash used in operating activities of continuing operations(14,501)(12,005)
Cash used in operating activities of discontinued mining and plant operations(620)(4,973)
Cash used in operating activities(15,121)(16,978)
Investing activities:  
Purchases of construction in progress, property, plant and equipment(197)(1,421)
Proceeds from sale of assets381 
Restricted cash 4,953
Other(20) 
Cash provided by investing activities of continuing operations1643,532
Cash provided by investing activities of discontinued mining and plant operations2,78523,537
Cash provided by investing activities2,94927,069
Financing Activities:  
Proceeds from the 2011 common stock sale, net of offering costs14,546 
Proceeds from the 2011 "ATM Program", net of commission and financing costs412 
Proceeds from the 2010 common stock sale, net of offering costs 8,043
Proceeds from the issuance of 2010 convertible preferred stock, net of closing costs 8,746
Proceeds from exercise of warrants1,029 
Payment of dividends on convertible preferred stock (4,312)
Payments of note principal related to 2007 Notes(5,310) 
Payment of note principal related to 2009 Notes (17,250)
Payments of debt issue costs(262)(2,179)
Other(11)17
Cash provided by (used in) financing activities of continuing operations10,404(6,935)
(Decrease) increase in cash and cash equivalents(1,768)3,156
Cash and cash equivalents, beginning of period2,9742,207
Cash and cash equivalents, end of period$ 1,206$ 5,363