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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended 47 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Cash flows from operating activities:      
Net loss $ (1,639) $ (10,833) $ (14,824)
Adjustments to reconcile net loss to Net cash used in operating activities:      
Amortization 14 14 65
Depreciation 1    1
Stock based compensation relating to options 10 523 537
Shareholder contribution -3% merger fee due to MGH    687 687
Goodwill impairment    8,127 8,127
Reversal for allowance of notes receivable from SyntheMed, Inc.    (459)   
Reversal of liability       (124)
Changes in operating assets and liabilities:      
Increase in restricted cash    (150)   
Decrease in accounts receivable 43 60 90
Decrease in interest receivable    4   
Decrease in inventory 1 2 26
Decrease in prepaid expenses 116 23 160
(Decrease) increase in accounts payable (22) (42) 218
Increase in accrued expenses 28 420 99
Net cash used in operating activities (1,448) (1,624) (4,938)
Cash flows from investing activities:      
Acquisition of licenses       (90)
Payments for notes receivable    (849) (1,173)
Cash acquired from merger    14 14
Net cash used in investing activities 0 (835) (1,249)
Cash flows from financing activities:      
Net proceeds from the issuance of common stock    1,283 1,283
Payments of insurance note payable (98) (8) (160)
Proceeds from convertible notes payable 1,365 2,125 4,342
Contributions from Pathfinder, LLC members       737
Net cash provided by financing activities 1,267 3,400 6,202
Net (decrease) increase in cash (181) 941 15
Cash at beginning of period 196 15   
Cash at end of period 15 956 15
Supplementary disclosure of non-cash investing and financing activities:      
Members' equity issued for license       11
Notes receivable and payable through intermediary entity       130
Long term payable for license    94 177
Financing of placement agent commission through notes payable    244 244
Financing of insurance premiums through notes payable 99 136 235
Common stock issued in settlement of Yissum liability       350
Conversion of notes into common stock    3,107 3,107
Details of merger with SyntheMed:      
Fair value of assets acquired    201 201
Liabilities assumed    2,322 2,322
Non-cash consideration    $ 6,020 $ 6,020