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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net loss $ (4,707) $ (7,122)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 17 15
Stock-based compensation 873 643
Net change in deferred taxes 7 3,325
Change in value of derivative liability (269) 5,130
Changes in assets and liabilities:    
Receivables and other current assets 0 (3)
Prepaid taxes (2,180) 0
Prepaid expenses and other current assets (356) (216)
Accounts payable and accrued liabilities 2,529 (15)
Income tax liability 0 (13,723)
Net cash provided by (used in) operating activities (4,086) (11,966)
Cash flows from investing activities:    
Purchase of property and equipment (10) 0
Purchase of investments (23,980) (10,224)
Proceeds from sale or maturity of investments 18,461 30,372
Net cash provided by (used in) investing activities (5,529) 20,148
Cash flows from financing activities:    
Proceeds from exercise of options 90 0
Proceeds from exercise of warrants 0 736
Net cash provided by (used in) financing activities 90 736
Net increase (decrease) in cash and cash equivalents (9,525) 8,918
Cash and cash equivalents, beginning of period 49,482 34,635
Cash and cash equivalents, end of period 39,957 43,553
Supplemental disclosure of cash flow information:    
Cash paid during the year for taxes 0 9,600
Cash paid during the year for interest $ 0 $ 0