XML 50 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash Flows from Operating Activities:    
Net Loss $ (17,332) $ (13,516)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Depreciation and Amortization 468 544
Amortization of Intangible Assets 253 291
Amortization and Premium of Marketable Securities (1,324) (373)
Realized Gain on Sales and Maturities of Marketable Securities   (4)
Loss on Sales or Disposal of Assets   23
Stock-Based Compensation Expense 708 641
Non-Cash Interest Expense 56 57
Changes in Operating Assets and Liabilities:    
Accounts and Other Receivables (60) 30
Prepaid and Other Current Assets (879) (672)
Other Assets 188 (131)
Accounts Payable and Accrued Expenses 206 (1,049)
Other Liabilities 516 606
Net Cash Used in Operating Activities (17,200) (13,553)
Cash Flows from Investing Activities:    
Sales and Maturities of Marketable Securities 7,394 5,912
Purchases of Marketable Securities (53,809) (33,388)
Acquisition of Property and Equipment (162) (42)
Proceeds from Sales or Disposal of Assets   11
Net Cash Used in Investing Activities (46,577) (27,507)
Cash Flows from Financing Activities:    
Net Proceeds from Stock Issuances 114,187 51,929
Proceeds from Issuance of Stock from Employee Benefit Plans 1,660  
Payments of Term Loan (1,323)  
Payments of Other Liabilities (15) (15)
Net Cash Provided by Financing Activities 114,509 51,914
Effect of Exchange Rate Changes on Cash and Cash Equivalents (2) 2
Net Increase in Cash and Cash Equivalents 50,730 10,856
Cash and Cash Equivalents at Beginning of Period 24,897 11,899
Cash and Cash Equivalents at End of Period $ 75,627 $ 22,755