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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss attributable to BioTime, Inc. $ (19,865) $ (17,609)
Net loss attributable to non-controlling interest (4,736) (3,496)
Adjustments to reconcile net loss attributable to BioTime, Inc. to net cash used in operating activities:    
Depreciation expense 512 523
Amortization of intangible assets 2,628 2,736
Amortization of deferred consulting fees 0 19
Amortization of deferred license fees 55 55
Amortization of prepaid rent in common stock 42 42
Stock-based compensation 3,700 2,212
Amortization of discount on related party convertible debt 119 0
Accrued interest on related party convertible debt 9 0
Loss on sale or write-off of equipment 0 21
Write-off for uncollectible receivables 0 (16)
Deferred income tax benefit (2,448) (2,862)
Changes in operating assets and liabilities:    
Accounts receivable, net 4 (37)
Grant receivable 65 (133)
Inventory (30) (79)
Prepaid expenses and other current assets (301) (315)
Accounts payable and accrued liabilities (811) (2,035)
Other long-term liabilities 1 (186)
Deferred grant income 1,930 0
Deferred rent liabilities (61) (10)
Deferred revenues 151 35
Net cash used in operating activities (19,036) (21,135)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of equipment (305) (405)
Payments on construction in progress (see Note 4) (2,518) 0
Proceeds from the sale of equipment 0 4
Security deposit paid, net (3) (306)
Cash used in investing activities (2,826) (707)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercises of stock options 621 220
Proceeds from sale of preferred stock 0 3,500
Proceeds from issuance of common shares 0 14,724
Fees paid on sale of common shares 0 (302)
Proceeds from exercise of warrants 19 0
Proceeds from sale of treasury stock and subsidiary warrants 11,700 13,582
Reimbursement from landlord on construction in progress (see Note 4) 560 0
Proceeds from issuance of related party convertible debt (see Note 8) 188 0
Repayment of capital lease obligation (28) 0
Proceeds from sale of common shares of subsidiaries 11,586 468
Fees paid on sale of common shares of subsidiary (597) 0
Proceeds from exercise of subsidiary stock options 23 0
Net cash provided by financing activities 24,072 32,192
Effect of exchange rate changes on cash and cash equivalents (232) (123)
NET CHANGE IN CASH AND CASH EQUIVALENTS: 1,978 10,227
CASH AND CASH EQUIVALENTS:    
At beginning of the period 29,487 5,495
At end of the period $ 31,465 $ 15,722