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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities    
Net loss $ (16,481) $ (8,955)
Adjustments to reconcile net loss to net cash used for operating activities:    
Share-based compensation expense 3,623 2,906
Third party share-based compensation expense 82 496
Depreciation expense 142 11
Loss on disposal of equipment 21 0
Changes in operating assets and liabilities:    
Restricted cash 37 0
Prepaid clinical expenses 159 79
Prepaid expenses and other current assets (790) (485)
Other assets (147) (57)
Accounts payable (98) 1,729
Accrued expenses 1,187 (809)
Accrued payroll and related expenses (738) (424)
Net cash used for operating activities (13,003) (5,509)
Investing activities    
Purchase of property and equipment (478) (391)
Net cash used for investing activities (478) (391)
Financing activities    
Net proceeds from the exercise of stock options for common stock 85 57
Net cash provided by financing activities 85 57
Net decrease in cash and cash equivalents (13,396) (5,843)
Cash and cash equivalents at beginning of period 126,467 48,555
Cash, cash equivalents at end of period 113,071 42,712
Series F Convertible Preferred Stock [Member]    
Non-cash investing and financing activity:    
Conversion of stock $ 0 $ 61