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Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net loss $ (12,960) $ (8,973) $ (9,238)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 793 1,117 1,159
Write-off of abandoned patents and licensed technology 0 374 230
Gain on sale of property and equipment 0 0 1
Compensation expense related to stock options and awards 756 990 1,902
Purchase of technology license with common stock 0 0 775
Changes in operating assets and liabilities:      
Deferred contract costs 4,989 5,428 (817)
Receivables and other assets 1,973 (840) 995
Accounts payable and accrued expenses 1,313 557 (1,415)
Deferred revenue 8,682 2,768 250
Deferred rent 223 633 432
Net cash used in operating activities (8,601) (8,388) (6,948)
Cash flows from investing activities:      
Maturities of marketable securities 31,429 30,652 20,183
Purchases of marketable securities 36,640 38,069 20,050
Purchases of property and equipment 80 255 72
Proceeds from the sale of property and equipment 0 0 3
Patent and licensed technology expenditures 0 0 53
Net cash (used in) provided by investing activities (5,291) (7,672) 11
Cash flows from financing activities:      
Net proceeds from issuance of common stock and pre-funded warrants 30,549 7,758 3
Payment of withholding taxes for net settlement of restricted stock units 4 14 23
Net cash provided by (used in) financing activities 30,545 7,744 (20)
Net increase (decrease) in cash, cash equivalents and restricted cash 16,653 (8,316) (6,957)
Cash, cash equivalents and restricted cash at beginning of year 8,380 16,696 23,653
Cash, cash equivalents and restricted cash at end of year $ 25,033 $ 8,380 $ 16,696