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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net loss $ (5,999) $ (1,713)
Adjustments to reconcile net loss to net cash used in operating activities:    
PIK interest expense on convertible promissory notes payable - related parties   970
Stock-based compensation expense 602  
Changes in operating assets and liabilities:    
Accounts receivable - related parties   7
Prepaid expenses and other current assets 520 (103)
Accounts payable 2,018 368
Accrued expense (912) 28
Accrued interest - related party   5
Net cash used in operating activities (3,771) (438)
Cash flows from investing activities:    
Purchases of marketable securities (22,119)  
Sales and maturities of marketable securities 11,563  
Purchases of property and equipment (2)  
Net cash used in investing activities (10,558)  
Cash flows from financing activities:    
Proceeds from issuance of common stock, net of transaction costs 3,399  
Proceeds from convertible notes - related parties   750
Net cash provided by financing activities 3,399 750
Net decrease in cash and cash equivalents (10,930) 312
Cash and cash equivalents at beginning of period 19,145 306
Cash and cash equivalents at end of period $ 8,215 $ 618