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STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
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Dec. 31, 2014
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Dec. 31, 2013
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Dec. 31, 2012
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| Operating activities | |||
| Net loss | $ (90,908)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic | $ (89,027)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic | $ (98,840)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic |
| Adjustments to reconcile net loss to net cash used in operating activities: | |||
| Depreciation and amortization | 2,359us-gaap_DepreciationDepletionAndAmortization | 2,592us-gaap_DepreciationDepletionAndAmortization | 2,433us-gaap_DepreciationDepletionAndAmortization |
| Stock compensation expense | 9,787us-gaap_ShareBasedCompensation | 7,166us-gaap_ShareBasedCompensation | 12,617us-gaap_ShareBasedCompensation |
| Gain on disposal of assets | (98)us-gaap_GainLossOnDispositionOfAssets1 | (16)us-gaap_GainLossOnDispositionOfAssets1 | (17)us-gaap_GainLossOnDispositionOfAssets1 |
| Loss on sublease | 9,302rigl_GainLossOnSublease | ||
| Changes in assets and liabilities: | |||
| Accounts receivable | (5,750)us-gaap_IncreaseDecreaseInAccountsReceivable | ||
| Prepaid expenses and other current assets | 722us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | 1,867us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | (1,624)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Other assets | 439us-gaap_IncreaseDecreaseInOtherNoncurrentAssets | 231us-gaap_IncreaseDecreaseInOtherNoncurrentAssets | 232us-gaap_IncreaseDecreaseInOtherNoncurrentAssets |
| Accounts payable | (2,290)us-gaap_IncreaseDecreaseInAccountsPayable | 2,206us-gaap_IncreaseDecreaseInAccountsPayable | 141us-gaap_IncreaseDecreaseInAccountsPayable |
| Accrued compensation | (17)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | (3,926)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | (496)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities |
| Accrued research and development | 2,405rigl_IncreaseDecreaseInAccruedResearchAndDevelopmentLiability | (536)rigl_IncreaseDecreaseInAccruedResearchAndDevelopmentLiability | 57rigl_IncreaseDecreaseInAccruedResearchAndDevelopmentLiability |
| Other accrued liabilities | (212)us-gaap_IncreaseDecreaseInOtherAccruedLiabilities | (196)us-gaap_IncreaseDecreaseInOtherAccruedLiabilities | 438us-gaap_IncreaseDecreaseInOtherAccruedLiabilities |
| Deferred rent and other long term liabilities | (1,242)rigl_IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities | (688)rigl_IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities | (150)rigl_IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities |
| Net cash used in operating activities | (69,753)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (86,077)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (85,209)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
| Investing activities | |||
| Purchases of short-term investments | (218,594)us-gaap_PaymentsToAcquireShortTermInvestments | (308,846)us-gaap_PaymentsToAcquireShortTermInvestments | (475,398)us-gaap_PaymentsToAcquireShortTermInvestments |
| Maturities of short-term investments | 281,705us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments | 365,968us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments | 439,724us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments |
| Sales of short-term investments | 16,479us-gaap_ProceedsFromSaleOfShortTermInvestments | ||
| Proceeds from disposal of assets | 234us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment | 16us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment | 17us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment |
| Capital expenditures | (413)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (1,221)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (3,377)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Net cash provided by investing activities | 62,932us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | 72,396us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (39,034)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
| Financing activities | |||
| Net proceeds from issuances of common stock | 1,170us-gaap_ProceedsFromIssuanceOfCommonStock | 1,051us-gaap_ProceedsFromIssuanceOfCommonStock | 139,094us-gaap_ProceedsFromIssuanceOfCommonStock |
| Net cash provided by financing activities | 1,170us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | 1,051us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | 139,094us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
| Net (decrease) increase in cash and cash equivalents | (5,651)us-gaap_NetCashProvidedByUsedInContinuingOperations | (12,630)us-gaap_NetCashProvidedByUsedInContinuingOperations | 14,851us-gaap_NetCashProvidedByUsedInContinuingOperations |
| Cash and cash equivalents at beginning of period | 20,854us-gaap_CashAndCashEquivalentsAtCarryingValue | 33,484us-gaap_CashAndCashEquivalentsAtCarryingValue | 18,633us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents at end of period | $ 15,203us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 20,854us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 33,484us-gaap_CashAndCashEquivalentsAtCarryingValue |
| X | ||||||||||
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- Definition
Represents the information pertaining to gain (loss) on sublease. No definition available.
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| X | ||||||||||
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- Definition
Represents the increase (decrease) during the reporting period in the aggregate amount of research and development expenses incurred but not yet paid. No definition available.
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| X | ||||||||||
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- Definition
Change during the period in carrying value for deferred rent due within one year or operating cycle. It also includes net change during the reporting in other Long Term Liabilities and Deferred Liability-Sublease. No definition available.
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of gain (loss) on sale or disposal of assets, including but not limited to property plant and equipment, intangible assets and equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in other expenses incurred but not yet paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in other noncurrent operating assets not separately disclosed in the statement of cash flows. No definition available.
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) in cash associated with the entity's continuing operating, investing, and financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. No definition available.
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow for securities or other assets acquired, which qualify for treatment as an investing activity and are to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow from maturities, prepayments, calls and collections of all investments, including securities and other assets, having ready marketability and intended by management to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow from sales of all investments, including securities and other assets, having ready marketability and intended by management to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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