XML 16 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Cash flows from operating activities:    
Net loss $ (12,852,000) $ (13,373,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 1,416,000 1,044,000
Expense related to modification of warrants 151,000  
Depreciation expense 38,000 51,000
Amortization expense   22,000
Non-cash interest expense   16,000
Change in fair value of warrant liability (330,000) (334,000)
Changes in assets and liabilities:    
Accounts receivable (4,000)  
Inventories 23,000 23,000
Prepaid expenses and other assets (289,000) (150,000)
Accounts payable (545,000) 1,058,000
Accrued expenses and other liabilities 528,000 892,000
Net cash used in operating activities (11,864,000) (10,751,000)
Cash flows from investing activities:    
Purchases of property and equipment (41,000) (20,000)
Net cash used in investing activities (41,000) (20,000)
Cash flows from financing activities:    
Proceeds from the issuance of common stock and warrants, net of issuance costs 6,355,000 5,675,000
Proceeds from exercises of common stock warrants 615,000  
Proceeds from exercises of stock options 10,000 41,000
Proceeds from issuance of convertible notes, net   1,484,000
Net cash provided by financing activities 6,980,000 7,200,000
Net decrease in cash and cash equivalents (4,925,000) (3,571,000)
Cash and cash equivalents at beginning of period 6,501,000 4,039,000
Cash and cash equivalents at end of period $ 1,576,000 $ 468,000