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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities:    
Net income (loss) $ (2,584) $ 69
Adjustment to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,483 839
Amortization of debt issuance costs 84 64
Revaluation of warrant liability (91) (71)
Stock-based compensation 662 600
Changes in operating assets and liabilities:    
Accounts receivable (2,734) (3,313)
Inventory (7,391) (4,390)
Prepaid expenses and other assets (621) (166)
Deferred revenue (53) 105
Deferred rent 44 (375)
Accounts payable 4,291 2,821
Accrued compensation and benefits (235) 77
Accrued liabilities 829 53
Net cash provided by (used in) operating activities (6,316) (3,687)
Investing activities:    
Purchases of property and equipment (1,048) (436)
Net cash used in investing activities (1,048) (436)
Financing activities:    
Payments on capital lease financing obligations (622) (335)
Payments on term loans (45,733) (598)
Proceeds from term loans 57,934 4,009
Proceeds from issuance of common stock upon exercise of stock options 358 282
Proceeds from issuance of preferred stock upon exercise of warrants 55  
Payments of deferred offering costs (317)  
Net cash provided by (used in) financing activities 11,675 3,358
Net increase (decrease) in cash and cash equivalents 4,311 (765)
Cash and cash equivalents    
Beginning of period 10,121 6,939
End of period $ 14,432 $ 6,174