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Condensed Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating activities:    
Net loss $ (6,559) $ (3,534)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 8 5
Amortization of license agreement 46 49
Stock-based compensation 222 274
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (341) (126)
Accounts payable and accrued expenses 697 (10)
Net cash used in operating activities (5,927) (3,342)
Financing activities:    
Proceeds from issuance of preferred stock, net of issuance costs   4,192
Proceeds from issuance of common stock, net of issuance costs 25,681 1,936
Proceeds from exercise of warrants into common stock, net of issuance costs 9,512  
Net cash provided by financing activities 35,193 6,128
Increase (decrease) in cash and cash equivalents 29,266 2,786
Cash at beginning of period 7,005 4,946
Cash at end of period 36,271 7,732
Non-Cash investing and financing activities:    
Conversion of preferred stock to common stock $ 0 $ 364