General form of registration statement for all companies including face-amount certificate companies

CONDENSED STATEMENTS OF CASH FLOWS

v2.4.0.8
CONDENSED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 6 Months Ended 12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:          
Net income (loss) $ (2,646) $ 11,065 $ 9,711 $ (15,180) $ (15,203)
Adjustments to reconcile net income (loss) to net cash used in operating activities:          
Depreciation and amortization 176 12 107 17 32
Non-cash gain on settlement of long-term debt 0 (1,860) (1,860) 0 0
Non-cash gain on termination of royalty purchase agreement 0 (8,962) (8,962) 0 0
Amortization of discount on long-term debt     0 0 1,520
Interest on royalty liability     0 (347) 1,309
Non-cash (gain) loss on changes in fair value of warrants 1,148 (2,317) (1,737) 1,766 (1,862)
Stock-based compensation 386 635 678 2,581 1,177
Changes in operating assets and liabilities:          
Receivables 1,075 795 (172) (926) (2,495)
Prepaid expenses and other assets (12) 484 483 149 (542)
Accounts payable and other accrued liabilities (1,202) 580      
Accounts payable     1,351 (1,022) 2,332
Other accrued liabilities     (340) 417 (744)
Deferred contract revenue (1,823) (5,948) (9,058) 14,375 0
Net cash used in operating activities (2,898) (5,516) (9,799) 1,830 (14,476)
Cash flows from investing activities:          
Purchases of furniture and equipment (10) (298) (318) (1,154) (236)
Disposals of furniture and equipment     0 0 2
Net cash used in investing activities (10) (298) (318) (1,154) (234)
Cash flows from financing activities:          
Proceeds from issuing common stock from the exercise of stock options 0 113 113 0 0
Proceeds from issuance of common stock and warrants, net of issuance costs     4,925 7,516 0
Proceeds from the exercise of warrants, net of issuance costs 0 1,275 1,275 4,897 0
Issuance of common stock from the vesting of restricted shares (37) 0      
Proceeds from royalty financing     0 0 8,000
Proceeds from long-term debt, net     0 0 16,500
Payments on long-term debt 0 (2,500) (2,500) (393) (7,564)
Net cash provided by financing activities (37) (1,112) 3,813 12,020 16,936
Net decrease in cash and cash equivalents (2,945) (6,926) (6,304) 12,696 2,226
Cash and cash equivalents at beginning of period 11,798 18,102 18,102 5,406 3,180
Cash and cash equivalents at end of period 8,853 11,176 11,798 18,102 5,406
Supplemental disclosure of cash flow information          
Interest paid     1,568 2,576 1,652
Schedule of non-cash transactions          
Settlement of long-term debt     7,500 0 0
Fair value of warrants at the time of exercise     $ 4,686 $ 0 $ 0