XML 20 R6.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net loss $ (15,230) $ (17,450) $ (16,225)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation of property and equipment 941 665 671
Amortization and abandonment of patent and trademark rights $ 249 477 196
Redeemable warrants valuation adjustment (14) (281)
Equity-based compensation $ 181 326 376
Other-than-temporary impairment of marketable securities 315 145 800
Unrealized gain on securities $ 63 $ (46) (71)
Inventory reserve $ 453
Changes in assets and liabilities:      
Inventories $ (1,326)
Prepaid expenses and other assets 64 $ (41) $ (36)
Accounts payable (196) 869 (617)
Accrued expenses (1,114) 1,105 (2,167)
Net cash used in operating activities (16,053) (13,964) (16,901)
Cash flows from investing activities:      
Purchases of property, equipment and construction in progress (240) (504) (898)
Additions to patent and trademark rights $ (250) $ (258) (242)
Office rental deposit $ (71)
Deposits on capital leases refunded $ 2
Sales and maturities of short-term and long-term marketable securities $ 6,842 $ 3,294 $ 23,550
Purchase of short-term and long-term marketable securities
Net cash provided by investing activities $ 6,352 $ 2,534 $ 22,339
Cash flows provided by (used in) financing activities:      
Proceeds from sale of common stock, net of issuance costs 9,681 12,817 249
Payments on capital leases $ (21) $ (34) (45)
Payments on Margin Account Loan (7,051)
Net cash provided by (used in) financing activities $ 9,660 $ 12,783 (6,847)
Net (decrease) increase in cash and cash equivalents (41) 1,353 (1,409)
Cash and cash equivalents at beginning of year 2,156 803 2,212
Cash and cash equivalents at end of year 2,115 2,156 803
Supplemental disclosures of non-cash investing and financing cash flow information:      
Issuance of common stock for accounts payable and accrued expenses 672 59 269
Unrealized gain (loss) on marketable securities $ 63 $ (46) (71)
Supplemental disclosure of cash flow information:      
Capitalized construction interest 143
Cash paid for interest expense $ 3 $ 11 $ 16