XML 49 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended 163 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2012
Cash Flows From Development Activities        
Net loss $ (23,321) $ (18,088) $ (16,562) $ (105,340)
Adjustments to reconcile net loss to net cash used in development activities:        
Share-based compensation 3,195 2,545 1,525 8,544
Depreciation and amortization 788 687 655 3,749
Loss on sale of fixed assets 38 0 819 38
In-process research and development expenses 0 0 201 1,629
Forgiveness of debt 0 0 0 (449)
Forgiveness of notes receivable from related parties 0 0 350 350
Changes in operating assets and liabilities:        
Prepaid expenses 498 (550) 849 907
State research and development credit receivable 340 (28) 60 542
Other receivables 0 (416) (797) 196
Accounts payable (700) 637 (528) (260)
Accrued expenses and deferred rent 367 276 382 3,148
Net cash used in development activities (20,471) (12,949) (13,270) (90,236)
Cash Flows From Investing Activities        
Purchase of certificates of deposit (1,992) (2,490) (277) (13,282)
Sale of certificates of deposit 2,988 2,269 0 11,788
Notes receivable from related parties 0 0 500 (350)
Purchase of equipment (1,323) (281) (2,932) (8,092)
Proceeds on sale of fixed assets 50 0 0 50
Cash paid for OncoRx 0 0 0 (120)
Net cash used in investing activities (277) (502) (2,709) (10,006)
Cash Flows From Financing Activities        
Cash received from noncontrolling interest investment 0 0 911 3,479
Issuance of common stock, net of offering costs 1,285 37,574 2,082 42,445
Repurchase of common stock (4) 0 (468) (505)
Repayments of notes receivable for common stock 0 13 25 0
Proceeds from subsidiary common stock option exercise 0 0 121 0
Proceeds from preferred stock 0 5,000 7,723 67,743
Proceeds from notes payable 456 0 1,100 8,215
Principal payments on debt (107) (92) (67) (476)
Payments under capital lease obligations (122) (126) (93) (409)
Net cash provided by financing activities 1,508 42,369 11,334 120,492
Net (decrease) increase in cash and cash equivalents (19,240) 28,918 (4,645) 20,250
Cash and cash equivalents at beginning of period 39,490 10,572 15,217  
Cash and cash equivalents at end of period 20,250 39,490 10,572 20,250
Supplemental disclosure of cash flows information:        
Cash paid for interest 38 42 44 142
Noncash financing and investing activities:        
Accretion on redeemable preferred stock 0 8 2 113
Purchased leasehold improvements and equipment in accounts payable 53 481 0 53
Common stock issued to shareholders of OncoRx as part of acquisition 0 0 932 1,654
Issuance of common stock dividend to Series AA preferred shareholders 0 1 1 6
Assets acquired under capital lease 0 80 282 542
Reduction of IPO offering costs $ 158     $ 158