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Nektar Therapeutics Reports Financial Results for the Second Quarter of 2014
Date:7/31/2014

class="prnews_span">125,301115,427 NEKTAR THERAPEUTICSCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(In thousands)(Unaudited)Six Months Ended June 30,20142013Cash flows from operating activities:Net loss $
(78,838)
$
(97,811)
Adjustments to reconcile net loss to net cash used in operating activities:Non-cash royalty revenue related to sale of future royalties(10,610)(8,221)Non-cash interest expense on liability related to sale of future royalties 10,52111,028Stock-based compensation 

8,5258,601Depreciation and amortization 

6,5197,281Other non-cash transactions

865159Changes in operating assets and liabilities:Accounts receivable, net

(818)(236)Inventory

(659)(2,210)Other assets 

7385,508Accounts payable 

(1,818)2,631Accrued compensation 

(2,868)2,314Accrued expenses 

(314)3,280Accrued clinical trial expenses

(3,697)(565)Interest payable

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SOURCE Nektar Therapeutics
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1. Nektar to Announce Financial Results for the Second Quarter 2014 on Thursday, July 31, 2014, After Close of U.S.-Based Financial Markets
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