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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows from Operating Activities:    
Net loss $ (8,922) $ (4,073)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 104 92
Provision to reduce inventory to net realizable value 26 334
Provision for sales returns 83 253
Share-based compensation 450 461
Amortization of debt discount and deferred debt issue costs 113 144
Amortization of bond premium in marketable securities 31 106
Amortization of intangible asset 155 155
(Gain) on sales of marketable securities (2) 0
Loss on disposal of property, plant and equipment 2 20
Changes in assets and liabilities:    
Accounts receivable, net (86) (171)
Accrued investment income 37 15
Inventories (174) (104)
Prepaid expenses and other current assets 9 (17)
Other current deferred assets 0 217
Other assets 175 (175)
Accounts payable 293 59
Accrued expenses 170 257
Deferred revenue 0 (353)
Accrued interest - current and long term 176 141
Other current liabilities 17 7
Net cash used in operating activities (7,343) (2,632)
Cash Flows from Investing Activities:    
Purchases of marketable securities 0 (3,523)
Proceeds from sales and maturities of marketable securities 10,873 2,811
Proceeds from disposals of property, plant and equipment 0 14
Additions to property, plant and equipment (72) (211)
Net cash provided by (used in) investing activities 10,801 (909)
Cash Flows from Financing Activities:    
Proceeds from distribution of restricted stock units 0 1
Proceeds from ATM offering 0 225
Proceeds from Registered Direct offering 0 7,636
Transaction costs from ATM offering 0 (8)
Transaction costs from Registered Direct offering 0 (603)
Principal payments on debt (1,671) (1,160)
Net cash (used in) provided by financing activities (1,671) 6,091
Net increase in cash and cash equivalents 1,787 2,550
Cash and cash equivalents at beginning of year 2,485 774
Cash and cash equivalents at end of period 4,272 3,324
Cash paid during the year for:    
Interest on term loan with Oxford Finance LLC $ 407 $ 606