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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flow from operating activities    
Net loss $ (3,593) $ (2,382)
Adjustments to reconcile net loss to net cash used in operating activities    
Amortization 80 80
Depreciation 132 108
Stock-based compensation 263 507
Change in fair value of warrant liability 0 (2,374)
Loss on extinguishment of warrant liability 0 440
(Increase) decrease in assets    
Prepaid drug product for testing (215) (216)
Other current assets (251) (109)
Increase (decrease) in liabilities    
Accounts payable and accrued expenses 214 (257)
Net cash used in operating activities (3,370) (4,203)
Cash flow from investing activities    
Purchases of furniture, fixtures & equipment (17) (538)
Net cash used in investing activities (17) (538)
Cash flow from financing activities    
Net proceeds from exercise of warrants 0 1,548
Net cash provided by financing activities 0 1,548
Net decrease in cash (3,387) (3,193)
Cash, beginning of period 5,965 9,375
Cash, end of period 2,578 6,182
Non-cash financing activities    
Warrants transferred to equity upon modification 0 797
Conversion of warrant liability to equity 0 175
Offering expenses included in accrued expenses $ 0 $ 30