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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended 36 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Cash flows from operating activities:      
Net loss $ (7,814) $ (5,157) $ (52,992)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 66 47 390
Impairment of property and equipment     364
Amortization of premium on debt securities 149 108 812
Stock-based compensation expense 867 837 7,689
Issuance of common stock for technology access fee     2,500
Net loss on equity method investment 97   97
Changes in operating assets and liabilities:      
Prepaid expenses and other assets 45 97 (605)
Accounts payable 1,401 73 1,555
Accrued expenses and other non-current liabilities 228 (61) 4,419
Net cash used in operating activities (4,961) (4,056) (35,771)
Cash flows from investing activities:      
Investment in joint venture (1,500)   (1,500)
Purchases of property, plant and equipment   (184) (1,568)
Maturities of short-term investments 4,714   10,384
Sales of short-term investments 4,415   4,415
Purchases of short-term investments (16,273)   (48,945)
Increase in restricted cash     (88)
Net cash used in investing activities (8,644) (184) (37,302)
Cash flows from financing activities:      
Proceeds from issuance of preferred stock, net of issuance costs     41,091
Net proceeds from the issuance of common stock 51,661 32,652 88,116
Net cash provided by financing activities 51,661 32,652 129,207
Net increase in cash and cash equivalents 38,056 28,412 56,134
Cash and cash equivalents at beginning of period 18,078 14,776  
Cash and cash equivalents at end of period 56,134 43,188 56,134
Supplemental disclosure of non-cash investing and financing activity      
Accretion of convertible preferred stock to redemption value     (101)
Conversion of convertible preferred stock to common stock     $ 41,192