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Condensed Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating activities:  
Net loss$ (7,308)$ (22,027)
Adjustments to reconcile net loss to net cash used in operating activities:  
Change in fair value of warrants and other financial instruments(2,219)6,987
Depreciation4477
Amortization of license agreement7373
Stock-based compensation550650
Changes in operating assets and liabilities:  
Restricted cash5565
Prepaid expenses and other current assets62232
Accounts payable, accrued expenses and other payables(234)(4,000)
Net cash used in operating activities(8,977)(17,943)
Investing activities:  
Changes in other assets 40
Net cash provided by investing activities 40
Financing activities:  
Proceeds from issuance of common stock, net of acquisition costs17,01910,380
Proceeds from exercise of employee stock plans 45
Net cash provided by financing activities17,01910,425
Increase (decrease) in cash and cash equivalents8,042(7,478)
Cash and cash equivalents at beginning of period4,60213,932
Cash and cash equivalents at end of period12,6446,454
Non- cash Disclosures:  
Fair market value of stock issued in exchange for warrants5,381 
Fair market value reclassification of CEFF warrants to equity in connection with warrant exchange3 
Fair market value of private placement warrants at issuance 11,868
Fair market value reclassification of CEFF warrants to liabilities in connection with private placement 103
Fair market value of warrants at exercise $ 5,043