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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income (loss) $ 13,120 $ (264)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 25 27
Stock-based compensation 419 453
Changes in operating assets and liabilities:    
Accounts receivable 1,057 0
Prepaid expenses and other current assets (120) 133
Accrued expenses (1,465) 2,513
Other long-term assets (1) 1
Accounts payable 1,700 (1,024)
Accounts payable - related parties (63) 1
Other current liabilities 2 (28)
Other non-current liabilities (17) 0
Accrued income taxes 238 0
Net cash provided by operating activities 14,895 1,812
Cash flows from investing activities:    
Purchase of additional investment 0 (250)
Net cash provided by operating activities 127 0
Net cash provided by (used in) investing activities 127 (250)
Cash flows from financing activities:    
Proceeds from Common share offering, net of issuance costs 10,385 0
Redemption of Series A Preferred shares (13,777) 0
Proceeds from exercise of stock options 201 76
Net Cash Provided by Financing Activities 11,184 9,566
Net increase in cash and cash equivalents 26,206 11,128
Cash and cash equivalents - beginning 13,678 6,101
Cash and cash equivalents - ending 39,884 17,229
Supplemental disclosures of cash flow information:    
Series A-1 warrant liability 3,313 0
Series A-1 Preferred Stock    
Cash flows from financing activities:    
Proceeds from sale of preferred shares, net of issuance costs 14,375 0
Supplemental disclosures of cash flow information:    
Accretion of preferred stock to redemption value 3,634 0
Series A Preferred Stock    
Cash flows from financing activities:    
Proceeds from sale of preferred shares, net of issuance costs 0 9,490
Supplemental disclosures of cash flow information:    
Accretion of preferred stock to redemption value $ 291 $ 5,480