XML 26 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net loss $ (11,127) $ (10,033)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 1,594 2,101
Bad debt expense 18   
Depreciation and amortization 145 104
Loss on disposal of property and equipment    1
Changes in operating assets and liabilities:    
Accounts receivable 393 1,040
Projects in process 229   
Prepaid expenses and other assets (176) (458)
Accounts payable and accrued expenses 252 (32)
Deferred revenue (381) 748
Net cash used in operating activities (9,053) (6,529)
Cash flows from investing activities:    
Purchase of property and equipment (98) (136)
Net cash used in investing activities (98) (136)
Cash flows from financing activities:    
Proceeds from sales of common stock, net of offering costs 9,253 6,899
Proceeds from exercise of stock options    524
Proceeds from exercise of stock warrants 36 699
Principal payments on capital lease obligations (18)   
Net cash provided by financing activities 9,271 8,122
Effect of exchange rate changes on cash (91) 14
Net increase in cash 29 1,471
Cash at beginning of period 8,815 9,097
Cash at end of period 8,844 10,568
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 1   
Cash paid for interest 8 95
Supplemental disclosure of non-cash investing and financing activities:    
Purchase of equipment with capital lease obligation 530   
Cashless exercise of warrants    3
Stock subscription receivable    $ 286