XML 33 R5.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flow from operating activities      
Net loss $ (6,750) $ (5,467) $ (4,519)
Adjustments to reconcile net loss to net cash used in operating activities      
Amortization 161 161 161
Depreciation 43 41 10
Stock-based compensation 784 369 404
Change in fair value of warrant liability (1,713) 0 0
(Increase) decrease in assets      
Prepaid drug product for testing 184 (405) (104)
Other current assets (723) (79) (36)
Increase (decrease) in liabilities      
Accounts payable and accrued expenses (146) 375 267
Deferred revenue 12 0 0
Net cash used in operating activities (8,148) (5,005) (3,817)
Cash flow from investing activities      
Purchases of furniture, fixtures & equipment (338) 0 (123)
Net cash used in investing activities (338) 0 (123)
Cash flow from financing activities      
Net proceeds from sale of common stock and warrants 9,007 0 13,812
Net proceeds from exercise of common stock options 0 0 435
Net cash provided by financing activities 9,007 0 14,247
Net increase (decrease) in cash 521 (5,005) 10,307
Cash, beginning of period 8,854 13,859 3,552
Cash, end of period 9,375 8,854 13,859
Non-cash investing activities      
Capital expenditures included in accrued expense $ 247 $ 0 $ 0