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Condensed Statement of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities    
Net loss $ (11,589) $ (14,274)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,297 1,069
Loss on disposal of property and equipment 20 19
Stock-based compensation 2,397 2,064
Non-cash interest expense 219 286
Compensation expense related to vesting of common stock to GLOBALFOUNDRIES   709
Changes in operating assets and liabilities:    
Accounts receivable 1,954 (1,876)
Inventory 779 309
Prepaid expenses and other current assets 466 154
Right-of-use assets 23  
Accounts payable 518 (140)
Accrued liabilities (1,444) 4,840
Operating lease liabilities (72)  
Shipping term reversal   (39)
Net cash used in operating activities (5,455) (6,879)
Cash flows from investing activities    
Purchases of property and equipment (566) (1,513)
Net cash used in investing activities (566) (1,513)
Cash flows from financing activities    
Proceeds from the issuance of common stock, net of offering costs   24,524
Proceeds from debt   1,000
Payments on debt (4,840) (1,000)
Payments of debt issuance costs (80)  
Payments on finance lease obligation (8) (8)
Proceeds from exercise of stock options and purchase of shares in employee stock purchase plan 178 2,364
Proceeds from issuance of common stock in at-the-market offering, net of issuance costs 2,172  
Net cash (used in) provided by financing activities (2,578) 26,880
Net (decrease) increase in cash and cash equivalents (8,599) 18,488
Cash and cash equivalents at beginning of period 23,379 12,950
Cash and cash equivalents at end of period 14,780 31,438
Supplementary cash flow information:    
Interest paid 373 370
Operating cash flows paid for operating leases 1,264  
Financing cash flows paid for finance leases 8  
Right-of-use assets obtained in exchange for new operating leases 23  
Non-cash investing and financing activities:    
Purchases of property and equipment in accounts payable 33 183
Modification of warrant $ 36  
Issuance of warrant with debt   $ 43