Cash flows from operating activities: | |
Net (loss) | -16.23M |
Adjustments to reconcile net loss to net cash used in operating activities: | |
Depreciation | |
Gain on insurance claim for equipment failure | |
Decrease in allowance for doubtful accounts | |
Amortization of discounts of auction rate securities | |
Gain on sale of auction rate securities | |
Non-cash expense relating to issuance of stock options | |
Non-cash increase in value of life insurance policy | |
Amortization of deferred rent | 24.88K |
Changes in other operating assets and liabilities | |
Other | |
Net cash used in operating activities | |
Cash flows from investing activities: | |
Proceeds from sales of auction rate securities | |
Purchases of property and equipment | -647.57K |
Proceeds from insurance claim for equipment failure | |
Net cash (used in) provided by investing activities | |
Cash flows from financing activities: | |
Exercise of stock options, net | 105.13K |
Net cash provided by financing activities | |
Net decrease in cash and cash equivalents | -4.74M |
Cash and cash equivalents, beginning of period | 13.2M |
Cash and cash equivalents, end of period | 8.46M |