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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash Flows from Operating Activities:    
Net Loss $ (58,177) $ (36,348)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Depreciation and Amortization 1,161 943
Amortization of Intangible Assets 507 507
Amortization and Premium of Marketable Securities (1,436) (1,949)
Gain (Loss) on Sales or Disposal of Assets   (21)
Stock-Based Compensation Expense 2,761 1,384
Non-Cash Interest Expense   97
Changes in Operating Assets and Liabilities:    
Accounts and Other Receivables (36) 32
Prepaid and Other Current Assets (1,825) (424)
Other Assets 32 250
Accounts Payable and Accrued Expenses (1,033) 109
Other Liabilities 5,315 162
Net Cash Used in Operating Activities (52,731) (35,258)
Cash Flows from Investing Activities:    
Sales and Maturities of Marketable Securities 50,587 20,582
Purchases of Marketable Securities (126,222) (88,845)
Acquisition of Property and Equipment (1,094) (917)
Proceeds from Sales or Disposal of Assets   21
Net Cash Used in Investing Activities (76,729) (69,159)
Cash Flows from Financing Activities:    
Net Proceeds from Stock Issuances   114,187
Proceeds from Issuance of Stock from Employee Benefit Plans 856 2,294
Payments of Term Loan   (11,029)
Payments of Other Liabilities   (29)
Net Cash Provided by Financing Activities 856 105,423
Effect of Exchange Rate Changes on Cash and Cash Equivalents (1) (3)
Net (Decrease) Increase in Cash and Cash Equivalents (128,605) 1,003
Cash and Cash Equivalents at Beginning of Period 169,402 24,897
Cash and Cash Equivalents at End of Period $ 40,797 $ 25,900