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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities    
Net loss $ (6,081) $ (6,498)
Reconciliation of net loss to net cash used in operating activities:    
Depreciation 32 40
Amortization of premium/discount on available-for-sale securities 3 4
Foreign currency remeasurement gain (136) (59)
Stock-based compensation 821 845
Changes in:    
Prepaid expenses and other assets 125 278
Accounts payable and accrued expenses (220) (2,056)
Net cash used in operating activities (5,456) (7,446)
Investing activities    
Proceeds from maturities of available-for-sale investments 7,515 4,920
Proceeds from sale of available-for-sale investments 1,999
Purchase of property and equipment (9) (6)
Net cash provided by investing activities 9,505 4,914
Financing activities    
Proceeds from issuance of common stock, net of issuance costs 105
Exercise of stock options 108
Net cash provided by financing activities 213
Effect of exchange rate changes on cash 137 59
Increase (decrease) in cash, cash equivalents and restricted cash 4,186 (2,260)
Cash, cash equivalents and restricted cash, beginning of period 21,192 36,406
Cash, cash equivalents and restricted cash, end of period $ 25,378 $ 34,146