XML 26 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Operating activities:    
Net loss $ (4,569,322)us-gaap_NetIncomeLoss $ (3,331,708)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization and depreciation 59,926us-gaap_DepreciationDepletionAndAmortization 62,087us-gaap_DepreciationDepletionAndAmortization
Common stock issued to vendors 101,360sngx_IssuanceOfCommonStockValue 153,540sngx_IssuanceOfCommonStockValue
Warrants issued to vendors    4,775sngx_WarrantsIssuedToVendors
Share-based compensation 142,025us-gaap_ShareBasedCompensation 176,662us-gaap_ShareBasedCompensation
Change in fair value of warrant liability 3,011,616us-gaap_FairValueAdjustmentOfWarrants 1,742,090us-gaap_FairValueAdjustmentOfWarrants
Change in operating assets and liabilities:    
Grants receivable 449,347us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables 172,740us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables
Taxes receivable    750,356us-gaap_IncreaseDecreaseInIncomeTaxesReceivable
Prepaid expenses 41,382us-gaap_IncreaseDecreaseInPrepaidExpense 37,771us-gaap_IncreaseDecreaseInPrepaidExpense
Accounts payable (459,603)us-gaap_IncreaseDecreaseInAccountsPayableTrade 32,338us-gaap_IncreaseDecreaseInAccountsPayableTrade
Accrued compensation (282,841)us-gaap_IncreaseDecreaseInAccruedSalaries (188,430)us-gaap_IncreaseDecreaseInAccruedSalaries
Total adjustments 3,063,212us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities 2,943,929us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
Net cash used in operating activities (1,506,110)us-gaap_NetCashProvidedByUsedInOperatingActivities (387,779)us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing activities    
Purchases of fixed assets (11,553)us-gaap_PaymentsToAcquireMachineryAndEquipment (19,863)us-gaap_PaymentsToAcquireMachineryAndEquipment
Net cash used in investing activities (11,553)us-gaap_NetCashProvidedByUsedInInvestingActivities (19,863)us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing Activities:    
Net proceeds from issuance of common stock pursuant to the equity line 246,525us-gaap_ProceedsFromIssuanceOfCommonStock 158,250us-gaap_ProceedsFromIssuanceOfCommonStock
Proceeds from exercises of warrants 758,649us-gaap_ProceedsFromWarrantExercises   
Net cash provided by financing activities 1,005,174us-gaap_NetCashProvidedByUsedInFinancingActivities 158,250us-gaap_NetCashProvidedByUsedInFinancingActivities
Net decrease in cash and cash equivalents (512,489)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (249,392)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 5,525,094us-gaap_CashAndCashEquivalentsAtCarryingValue 5,856,242us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 5,012,605us-gaap_CashAndCashEquivalentsAtCarryingValue 5,606,850us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure of non cash investing and financing activities:    
Reclassification of warrant liability to additional paid in capital upon partial exercises of warrants issued in unit offering $ 1,648,811sngx_AdditionalPaidInCapitalReclassificationOfWarrantLiability $ 502,025sngx_AdditionalPaidInCapitalReclassificationOfWarrantLiability