XML 37 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities    
Net loss $ (8,392) $ (7,537)
Adjustments to reconcile net loss to net cash used by operating activities:    
Depreciation and amortization 55 26
Amortization of debt issuance costs 72   
Reduction in accounts payable and accrued liabilities from the expiration of statute of limitations (104) (316)
Change in fair value of derivative liabilities 5,148 5,095
Warrants issued in lieu of cash paid for services 1   
Stock-based compensation 269 299
Change in assets and liabilities    
Accounts receivable (177) 200
Inventory (165) (70)
Other assets 26 (28)
Accounts payable (157) (82)
Deferred revenue (169) 139
Accrued expenses (40) (485)
Pension obligation 17 6
Total adjustments 4,776 4,784
Net cash used in operating activities (3,616) (2,753)
Cash flows from investing activities    
Purchase of property and equipment (74) (110)
Net cash used in investing activities (74) (110)
Cash flows from financing activities    
Proceeds from exercised stock options 3 1
Proceeds from exercised warrants to purchase stock 528   
Dividends paid (25) (203)
Repayment of notes payable    (45)
Net cash provided by (used in) financing activities 506 (247)
Effect of exchange rate changes on cash (8) (15)
Net decrease in cash and cash equivalents (3,192) (3,125)
Cash and cash equivalents at beginning of period 4,225 6,773
Cash and cash equivalents at end of period 1,033 3,648
Supplemental disclosure of cash flow information:    
Cash paid for interest      
Cash paid for income taxes     
Summary of non-cash investing and financing activities:    
Reclassification of warrants previously classified as derivative liabilities to additional paid-in capital 6,132 13,588
Issuance of common stock warrants securing line of credit borrowing facility 580   
Issuance of common stock pursuant to cashless warrant exercises 40 690
Warrants issued for intangible asset purchases    87
Contingent royalty payment    72
Acquisition of intangible assets    (159)
Issuance of common stock pursuant to achievement of vesting conditions $ 1