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Consolidated 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 | $ (26,240)us-gaap_NetIncomeLoss | $ (31,849)us-gaap_NetIncomeLoss | $ (21,098)us-gaap_NetIncomeLoss |
| Adjustments to reconcile net loss to net cash used in operating activities: | |||
| Gain on warrants | (3,741)us-gaap_FairValueAdjustmentOfWarrants | (3,208)us-gaap_FairValueAdjustmentOfWarrants | (4,459)us-gaap_FairValueAdjustmentOfWarrants |
| Warrant issuance costs | 531ogxi_WarrantIssuanceCosts | ||
| Depreciation | 223us-gaap_Depreciation | 227us-gaap_Depreciation | 100us-gaap_Depreciation |
| Stock-based compensation [note11[c]] | 3,860us-gaap_ShareBasedCompensation | 2,834us-gaap_ShareBasedCompensation | 2,175us-gaap_ShareBasedCompensation |
| Restructuring gain [note 7 and note 15] | (3,517)us-gaap_RestructuringCosts | (1,657)us-gaap_RestructuringCosts | |
| Gain on non-monetary transaction [note 9] | (151)us-gaap_NonmonetaryTransactionGainLossRecognizedOnTransfer | ||
| Changes in operating assets and liabilities: | |||
| Interest receivable | 105us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet | 109us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet | 36us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet |
| Amounts receivable | 2,981us-gaap_IncreaseDecreaseInAccountsReceivable | (7,943)us-gaap_IncreaseDecreaseInAccountsReceivable | (265)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Prepaid expenses and other assets | 3,944us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | (1,974)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | (3,037)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Accounts payable | (67)us-gaap_IncreaseDecreaseInAccountsPayableTrade | (1,190)us-gaap_IncreaseDecreaseInAccountsPayableTrade | (175)us-gaap_IncreaseDecreaseInAccountsPayableTrade |
| Accrued liabilities other | 363us-gaap_IncreaseDecreaseInOtherAccruedLiabilities | 41us-gaap_IncreaseDecreaseInOtherAccruedLiabilities | 269us-gaap_IncreaseDecreaseInOtherAccruedLiabilities |
| Accrued clinical liabilities | 2,178ogxi_IncreaseDecreaseInAccruedLiabilitiesClinical | 7,563ogxi_IncreaseDecreaseInAccruedLiabilitiesClinical | 3,150ogxi_IncreaseDecreaseInAccruedLiabilitiesClinical |
| Accrued compensation | (372)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | 164us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | 589us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities |
| Restricted cash | 63us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities | 63us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities | |
| Excess lease liability [note 7 and note 15] | (785)us-gaap_IncreaseDecreaseInRestructuringReserve | (680)us-gaap_IncreaseDecreaseInRestructuringReserve | (795)us-gaap_IncreaseDecreaseInRestructuringReserve |
| Lease obligation [note 7 and note 15] | (84)ogxi_IncreaseDecreaseInLeaseObligations | (21)ogxi_IncreaseDecreaseInLeaseObligations | 33ogxi_IncreaseDecreaseInLeaseObligations |
| Lease termination fees [note 15] | 3,250ogxi_IncreaseDecreaseInLeaseTerminationFee | ||
| Deferred collaboration revenue | (18,271)us-gaap_IncreaseDecreaseInDeferredRevenue | ||
| Net cash used in operating activities | (17,308)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (35,927)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (43,493)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
| Financing Activities: | |||
| Proceeds from the exercise of stock options | 30us-gaap_ProceedsFromStockOptionsExercised | 10us-gaap_ProceedsFromStockOptionsExercised | 462us-gaap_ProceedsFromStockOptionsExercised |
| Proceeds from ATM Financing, net of issuance costs | 57,500us-gaap_ProceedsFromIssuanceOrSaleOfEquity | ||
| Taxes paid related to net share settlement of equity awards | (29)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation | ||
| Issuance of common shares, net of share issuance costs | 22,372us-gaap_ProceedsFromIssuanceOfCommonStock | 53,777us-gaap_ProceedsFromIssuanceOfCommonStock | |
| Net cash provided by financing activities | 25,247us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | 10us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | 54,239us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
| Investing Activities: | |||
| Purchase of investments | (19,446)us-gaap_PaymentsToAcquireShortTermInvestments | (31,696)us-gaap_PaymentsToAcquireShortTermInvestments | (110,443)us-gaap_PaymentsToAcquireShortTermInvestments |
| Proceeds from sale of investments | 1,000us-gaap_ProceedsFromSaleOfShortTermInvestments | 7,365us-gaap_ProceedsFromSaleOfShortTermInvestments | |
| Proceeds from maturities of investments | 24,894us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments | 63,375us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments | 82,181us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments |
| Purchase of property and equipment | (82)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (253)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (291)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Net cash provided by (used in) investing activities | 5,366us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | 32,426us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (21,188)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
| Effect of exchange rate changes on cash | (1)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents | 9us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents | |
| Net increase (decrease) in cash and cash equivalents | 13,304us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (3,482)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (10,442)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash and cash equivalents at beginning of year | 14,593us-gaap_CashAndCashEquivalentsAtCarryingValue | 18,075us-gaap_CashAndCashEquivalentsAtCarryingValue | 28,517us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents at end of year | 27,897us-gaap_CashAndCashEquivalentsAtCarryingValue | 14,593us-gaap_CashAndCashEquivalentsAtCarryingValue | 18,075us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Supplemental Disclosure of Cash Flow Information: | |||
| Property and equipment acquired under lease obligation | 24ogxi_PropertyAndEquipmentAcquiredUnderLeaseObligation | ||
| ATM Financing | |||
| Financing Activities: | |||
| Proceeds from ATM Financing, net of issuance costs |
$ 2,874us-gaap_ProceedsFromIssuanceOrSaleOfEquity / us-gaap_StatementEquityComponentsAxis = ogxi_AtmFinancingMember |
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- Definition
Increase decrease in accrued liabilities clinical. No definition available.
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- Definition
Increase decrease in lease obligations. No definition available.
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- Definition
Increase decrease in lease termination fee. No definition available.
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- Definition
Property and equipment acquired under lease obligation. No definition available.
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- Definition
Warrant issuance costs. No definition available.
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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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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the 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. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Change in recurring obligations of a business that arise from the acquisition of merchandise, materials, supplies and services used in the production and 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 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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- Definition
The increase (decrease) during the reporting period in the amount due from borrowers for interest payments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting revenue yet to be earned for which cash or other forms of consideration was received or recorded as a receivable. 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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- Details
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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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- 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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- Definition
The net cash inflow or outflow for the increase (decrease) associated with funds that are not available for withdrawal or use (such as funds held in escrow) and are associated with underlying transactions that are classified as operating activities. This may include cash restricted for regulatory purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the period in the carrying amount (including both current and noncurrent portions of the accrual) of the liability pertaining to the exit from or disposal of business activities or restructuring pursuant to a duly authorized plan, excluding costs or losses pertaining to an entity newly acquired in a business combination and to asset retirement obligations. No definition available.
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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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- 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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- Details
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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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- Details
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of the difference in values (gain (loss)) between the nonmonetary assets or liabilities exchanged with another entity inclusive of boot (small monetary consideration). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of cash outflow to satisfy an employee's income tax withholding obligation as part of a net-share settlement of a share-based award. 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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- 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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- Definition
The cash inflow from the issuance of common stock, preferred stock, treasury stock, stock options, and other types of equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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 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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- Definition
The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount, after cash payment, of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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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