Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF CASH FLOWS

v2.4.1.9
STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:      
Net income (loss) $ (2,403)us-gaap_NetIncomeLoss $ 9,711us-gaap_NetIncomeLoss $ (15,180)us-gaap_NetIncomeLoss
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Depreciation and amortization 353us-gaap_DepreciationDepletionAndAmortization 107us-gaap_DepreciationDepletionAndAmortization 17us-gaap_DepreciationDepletionAndAmortization
Non-cash gain on settlement of long-term debt 0us-gaap_GainsLossesOnExtinguishmentOfDebt (1,860)us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt
Non-cash gain on termination of royalty purchase agreement 0ttnp_NoncashGainOnTerminationOfRoyaltyPurchaseAgreement (8,962)ttnp_NoncashGainOnTerminationOfRoyaltyPurchaseAgreement 0ttnp_NoncashGainOnTerminationOfRoyaltyPurchaseAgreement
Interest on royalty liability 0us-gaap_IncreaseDecreaseInRoyaltiesPayable 0us-gaap_IncreaseDecreaseInRoyaltiesPayable (347)us-gaap_IncreaseDecreaseInRoyaltiesPayable
Non-cash (gain) loss on changes in fair value of warrants (1,083)us-gaap_FairValueAdjustmentOfWarrants (1,737)us-gaap_FairValueAdjustmentOfWarrants 1,766us-gaap_FairValueAdjustmentOfWarrants
Stock-based compensation 543us-gaap_ShareBasedCompensation 678us-gaap_ShareBasedCompensation 2,581us-gaap_ShareBasedCompensation
Changes in operating assets and liabilities:      
Receivables 850us-gaap_IncreaseDecreaseInAccountsReceivable (172)us-gaap_IncreaseDecreaseInAccountsReceivable (926)us-gaap_IncreaseDecreaseInAccountsReceivable
Prepaid expenses and other assets 59us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 483us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 149us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable (710)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 1,351us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (1,022)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Other accrued liabilities 172us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities (340)us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities 417us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
Deferred contract revenue (3,646)us-gaap_IncreaseDecreaseInDeferredRevenue (9,058)us-gaap_IncreaseDecreaseInDeferredRevenue 14,375us-gaap_IncreaseDecreaseInDeferredRevenue
Net cash provided by (used in) operating activities (5,865)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (9,799)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 1,830us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:      
Purchases of furniture and equipment (18)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (318)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (1,154)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash used in investing activities (18)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (318)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (1,154)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities:      
Proceeds from issuance of common stock from the exercise of stock options 0us-gaap_ProceedsFromStockOptionsExercised 113us-gaap_ProceedsFromStockOptionsExercised 0us-gaap_ProceedsFromStockOptionsExercised
Proceeds from issuance of common stock and warrants, net of issuance costs 9,591us-gaap_ProceedsFromIssuanceOfPrivatePlacement 4,925us-gaap_ProceedsFromIssuanceOfPrivatePlacement 7,516us-gaap_ProceedsFromIssuanceOfPrivatePlacement
Issuance of common stock from the vesting of restricted shares (36)ttnp_StockIssuedFromVestingOfRestrictedStock 0ttnp_StockIssuedFromVestingOfRestrictedStock 0ttnp_StockIssuedFromVestingOfRestrictedStock
Proceeds from the exercise of warrants, net of issuance costs 0us-gaap_ProceedsFromWarrantExercises 1,275us-gaap_ProceedsFromWarrantExercises 4,897us-gaap_ProceedsFromWarrantExercises
Payments on long-term debt 0us-gaap_RepaymentsOfLongTermDebt (2,500)us-gaap_RepaymentsOfLongTermDebt (393)us-gaap_RepaymentsOfLongTermDebt
Net cash provided by financing activities 9,555us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 3,813us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 12,020us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net increase (decrease) in cash 3,672us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (6,304)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 12,696us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash at beginning of period 11,798us-gaap_CashAndCashEquivalentsAtCarryingValue 18,102us-gaap_CashAndCashEquivalentsAtCarryingValue 5,406us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash at end of period 15,470us-gaap_CashAndCashEquivalentsAtCarryingValue 11,798us-gaap_CashAndCashEquivalentsAtCarryingValue 18,102us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure of cash flow information      
Interest paid 0us-gaap_InterestPaid 1,568us-gaap_InterestPaid 2,576us-gaap_InterestPaid
Schedule of non-cash transactions      
Settlement of long-term debt 0ttnp_SettlementOfLongtermDebt 7,500ttnp_SettlementOfLongtermDebt 0ttnp_SettlementOfLongtermDebt
Fair value of warrants at the time of exercise $ 0ttnp_FairValueOfWarrants $ 4,686ttnp_FairValueOfWarrants $ 0ttnp_FairValueOfWarrants