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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating activities    
Net loss $ (25,870) $ (27,364)
Reconciliation of net loss to net cash used in operating activities:    
Depreciation and amortization 119 304
Stock-based compensation expense 1,771 2,007
Accretion of discount/premium on investment securities (6) 26
Non-cash interest expense 37 155
Gain on sale of fixed assets (297) (30)
Services received in non-monetary exchange 19  
Changes in assets and liabilities:    
Prepaid expenses and other current assets (177) (93)
Other assets (85)  
Accounts payable 662 (632)
Accrued expenses 396 (1,215)
Deferred rent (81) 6
Other liabilities 47  
Net cash used in operating activities (23,465) (26,836)
Investing activities    
Purchases of short-term investments (70,364)  
Sales and maturities of short-term investments 48,090 14,910
Purchases of property and equipment   (57)
Sale of property and equipment 369 30
Net cash (used in) provided by investing activities (21,905) 14,883
Financing activities    
Proceeds from public offerings, net of issuance costs 38,886  
Proceeds from at-the-market offering, net of issuance costs 8,253 8,036
Proceeds from exercise of common stock options and warrants 4 23
Payments on borrowing (2,848) (3,333)
Net cash provided by financing activities 44,295 4,726
Net decrease in cash, cash equivalents and restricted cash (1,075) (7,227)
Cash, cash equivalents and restricted cash, beginning of period 16,482 23,709
Cash, cash equivalents and restricted cash, end of period 15,407 16,482
Supplemental disclosure of cash flow information    
Cash paid for interest 79 $ 327
Non-cash investing activities:    
Fixed asset purchases included in accounts payable 18  
Non-cash financing activities    
At-the-market issuance costs included in accounts payable and accrued expenses $ 110