XML 16 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (4,216) $ (5,190)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization 81 67
Gain on disposal of equipment (3)  
Net amortization of investment premium and discount (36) 76
Stock-based compensation 371 221
Accretion of debt discount 49 48
Changes in operating assets and liabilities:    
Accounts receivable 65 119
Unbilled revenue 72 (24)
Inventories 62 14
Prepaid expenses and other current assets (404) (641)
Other noncurrent assets (423) (152)
Accounts payable and accrued expenses (176) 414
Amounts due to related parties (10) (7)
Unearned revenue 38 200
Net cash used in operating activities (4,530) (4,855)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sale of property and equipment 4  
Purchases of property and equipment (57) (137)
Purchases of investments (4,582)  
Proceeds from sales and maturities of investments 14,695 10,465
Net cash provided by investing activities 10,060 10,328
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments of debt issuance costs   (45)
Proceeds from exercise of stock options and ESPP purchases 16 139
Net cash provided by financing activities 16 94
Net increase in cash and cash equivalents 5,546 5,567
Cash and cash equivalents — beginning of period 2,013 23,973
Cash and cash equivalents — end of period 7,559 29,540
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid for interest 288 193
Cash paid for income taxes   1
NONCASH INVESTING AND FINANCING ACTIVITIES:    
Exchange of membership interest in unconsolidated entity for common stock 2  
Purchases of property and equipment included in accounts payable and accrued expenses $ 2 $ 1