XML 45 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash Flows from Operating Activities:    
Net Loss $ (42,316) $ (32,067)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Depreciation and Amortization 1,576 1,696
Amortization of Intangible Assets 836 1,622
Amortization and Premium of Marketable Securities (420) (96)
Realized (Gain) Loss on Sales and Maturities of Marketable Securities (6) 5
Gain on Sale or Disposal of Assets (74) (58)
Stock-Based Compensation Expense 1,614 1,703
Non-Cash Interest Expense 169 250
Changes in Operating Assets and Liabilities:    
Accounts and Other Receivables 138 120
Prepaid and Other Current Assets (8) 58
Other Assets (80) 15
Accounts Payable and Accrued Expenses 1,495 556
Other Liabilities 620 (92)
Net Cash Used in Operating Activities (36,456) (26,288)
Cash Flows from Investing Activities:    
Sales and Maturities of Marketable Securities 45,432 38,353
Purchases of Marketable Securities (57,900) (48,217)
Acquisition of Property and Equipment (193) (403)
Proceeds from Sale or Disposal of Assets 218 68
Net Cash Used in Investing Activities (12,443) (10,199)
Cash Flows from Financing Activities:    
Net Proceeds from Stock Issuances 62,872 35,880
(Payments) Issuance of Term Loan (2,646) 5,000
Payment of Convertible Subordinated Debt   (12,503)
Payments of Other Liabilities (41) (72)
Net Cash Provided by Financing Activities 60,185 28,305
Effect of Exchange Rate Changes on Cash and Cash Equivalents 2 (8)
Net Increase (Decrease) in Cash and Cash Equivalents 11,288 (8,190)
Cash and Cash Equivalents at Beginning of Period 11,899 21,287
Cash and Cash Equivalents at End of Period $ 23,187 $ 13,097