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Supplemental Disclosure for Statements of Cash Flows
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9 Months Ended |
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Sep. 30, 2014
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| Supplemental Cash Flow Elements [Abstract] | |
| Supplemental Disclosure for Statements of Cash Flows |
Supplemental Disclosure for Statements of Cash Flows
During the nine-month periods ended September 30, 2014 and 2013, we paid interest aggregating $2.1 million and $1.2 million, respectively. During the nine-month periods ended September 30, 2014 and 2013, we issued 36,455 and 22,126 shares of our common stock, respectively, as matching contributions to our 401(k) plan.
In connection with entering into the Oxford Loan Agreement, we issued warrants with an estimated relative fair value of $465,000. In conjunction with the GECC Loan Agreement, we issued warrants with a fair value of $631,000. In connection with entering into the Crede Securities Purchase Agreement, we issued warrants with an estimated fair value of $7.7 million.
In connection with entering into the R-NAV joint enterprise, Navidea executed a promissory note in the principal amount of $666,666, payable in two equal installments on July 15, 2015 and July 15, 2016, the first and second anniversaries of the R-NAV transaction. See Notes 7 and 8.
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