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Condensed Consolidated Statements of Cash Flows (USD $)
9 Months Ended 12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Dec. 31, 2010
Operating activities:        
Net loss $ (5,494,000) $ (11,637,000) $ (29,424,000) $ (27,753,000)
Adjustments to reconcile net loss to net cash used in operating activities:        
Compensation related to restricted stock, stock options and employee stock purchase plan 345,000 688,000 927,000 2,016,000
Depreciation and amortization 555,000 1,005,000 1,251,000 1,580,000
Non-cash loss on impairment of intangible assets     16,034,000   
Deferred income tax expense     1,143,000   
Non-cash research and development expense    30,000 30,000 3,790,000
Non-cash amortization of discount on notes payable and debt issuance costs 2,324,000       1,578,000
Non-cash expense for fair value of warrants issued in connection with amendments to securities purchase agreements        1,161,000
Accretion of restructuring liability    92,000 92,000 135,000
Change in fair value of price adjustable warrants and subscription investment units (3,278,000) (4,704,000) (6,714,000) (4,360,000)
Gain on settlement of liabilities, net (92,000)       18,000
Loss on retirement of assets 17,000    18,000   
Non-cash restructuring expense 1,481,000 1,298,000 1,298,000 3,407,000
Changes in assets and liabilities:        
Restricted cash 319,000       
Accounts receivable    49,000 59,000 152,000
Prepaid expenses and other assets 456,000 372,000 238,000 234,000
Accounts payable 440,000 (1,012,000) (673,000) 1,638,000
Deferred revenue (166,000) 480,000 814,000 34,000
Accrued expenses and deferred rent and other liabilities (314,000) (488,000) (842,000) 14,000
Accrued restructuring    (368,000) (368,000) (445,000)
Net cash used in operating activities (3,407,000) (14,195,000) (16,117,000) (16,801,000)
Investing activities:        
Change in restricted cash    (140,000) 6,000 (19,000)
Cash acquired upon acquisition of Cequent Pharmaceuticals        5,063,000
Proceeds from sales of property and equipment 371,000    (3,000) (404,000)
Net cash provided by (used in) investing activities 371,000 (140,000) 3,000 4,640,000
Financing activities:        
Proceeds from sales of common shares and warrants, net 1,111,000 10,726,000 12,433,000 7,760,000
Proceeds from issuance of notes payable and warrants 1,500,000       
Borrowings on note payable        3,000,000
Payments on notes payable (140,000)       (1,000,000)
Proceeds from exercise of warrants, subscription investment units, stock options and employee stock purchase plan purchases 2,000 3,587,000 3,591,000 2,719,000
Net cash provided by financing activities 2,473,000 14,313,000 16,024,000 12,479,000
Net decrease in cash (563,000) (22,000) (90,000) 318,000
Cash - beginning of year 976,000 1,066,000 1,066,000 748,000
Cash - end of period 413,000 1,044,000 976,000 1,066,000
Non-cash financing activities:        
Issuance of stock to acquire Cequent Pharmaceuticals and termination of notes payable, accrued interest and warrants issued to Cequent     1,560,000 30,337,000
Issuance of common stock to settle liabilities 1,124,000 1,562,000   3,916,000
Issuance of common stock in connection with license agreement 233,000       
Supplemental disclosure:        
Cash paid for interest $ 62,000       $ 10,000