XML 17 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (10,615) $ (4,216)
Adjustments to reconcile net loss to cash used in operating activities:    
Initial loss on common stock warrant and common stock adjustment feature liabilities 4,000  
Change in fair value of common stock warrant and common stock adjustment feature liabilities 1,900  
Offering costs related to securities purchase agreement 904  
Depreciation and amortization 52 81
Gain on disposal of equipment (3) (3)
Net amortization of investment premium (2) (36)
Stock-based compensation 298 371
Accretion of debt discount   49
Changes in operating assets and liabilities:    
Accounts receivable 1,179 65
Unbilled revenue (45) 72
Inventories 21 62
Prepaid expenses and other current assets 137 (404)
Other noncurrent assets   (423)
Accounts payable and accrued expenses (322) (176)
Amounts due to related parties (25) (10)
Unearned revenue (96) 38
Net cash used in operating activities (2,617) (4,530)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sale of property and equipment 9 4
Purchases of property and equipment (33) (57)
Purchases of investments   (4,582)
Proceeds from sales and maturities of investments 3,900 14,695
Net cash provided by investing activities 3,876 10,060
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock and warrants from securities purchase agreement 10,000  
Payments of offering costs related to securities purchase agreement (932)  
Proceeds from exercise of stock options and ESPP purchases 966 16
Net cash provided by financing activities 10,034 16
Net increase in cash and cash equivalents 11,293 5,546
Cash and cash equivalents — beginning of period 9,125 2,013
Cash and cash equivalents — end of period 20,418 7,559
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid for interest   288
Cash paid for income taxes 24  
NONCASH INVESTING AND FINANCING ACTIVITIES:    
Proceeds from sale of fixed assets included in prepaid expenses and other current assets at end of period 1  
Offering costs in accounts payable and accrued expenses at end of period 334  
Common stock warrants issued to placement agent and included in offering costs $ 526  
Purchases of property and equipment included in accounts payable and accrued expenses   2
Exchange of membership interest in unconsolidated entity for common stock   $ 2