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Exercise of compensation
warrants 1,697,446 - 1,706,027
Exercise of stock options 35,092 - 35,092
Draw of bank line of credit - - 655,000
Repayment of bank line of credit - - (655,000)
Bridge loan - - 300,000
Repayment of bridge loan - - (300,000)
Repayment of capital lease and
equipment financing obligations (6,260) (11,492) (296,691)
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1,726,278 (11,492) 39,513,939
Investing activities:
Purchase of short-term
investments (1,299,844) (7,662,879) (44,450,921)
Maturity of short-term
investments 6,825,190 9,998,138 43,151,077
Leasehold inducements - - 243,780
Long-term investment - - (20,000)
Acquisition of facilities and
equipment (10,217) (222,258) (2,979,510)
Disposal of equipment - - 8,986
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5,515,129 2,113,001 (4,046,588)
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Increase in cash and cash
equivalents 4,124,908 747,831 9,760,273
Cash and cash equivalents,
beginning of period 5,635,365 4,077,065 -
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Cash a
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