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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating Activities    
Net loss $ (19,468) $ (18,066)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:    
Depreciation and amortization 768 594
Amortization of debt discount 29  
Amortization of debt issuance costs 25 44
Stock-based compensation 1,667 1,202
Loss on disposal of property and equipment   19
Changes in operating assets and liabilities:    
Accounts receivable 125 92
Interest receivable   66
Inventory   263
Other current and long term assets 150 (13)
Restricted cash 250 125
Accounts payable (162) 1,812
Accrued expenses 490 500
Net cash and cash equivalents used in operating activities (16,126) (13,362)
Investing Activities    
Proceeds from sale and maturities of investments   6,191
Purchase of property and equipment (311) (910)
Net cash and cash equivalents (used in) provided by investing activities (311) 5,281
Financing Activities    
Payment of debt   (1,897)
Proceeds from issuance of common stock, net of issuance costs 52,533 52,506
Proceeds from exercise of stock options and warrants 250 24
Net cash and cash equivalents provided by financing activities 52,783 50,633
Net increase in cash and cash equivalents 36,346 42,552
Cash and Cash Equivalents, beginning of period 34,766 10,014
Cash and Cash Equivalents, end of period 71,112 52,566
Supplemental Disclosure for Cash Flow Information    
Interest paid $ 375 $ 337