XML 16 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
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 $ (4,894) $ (3,076)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 188 145
Deferred tax benefit (26) 0
Stock-based compensation 693 358
Non-cash patent write-off 0 14
Changes in assets and liabilities:    
Accounts receivable 11 0
Prepaids and other current assets (63) (14)
Other assets (14) 0
Accounts payable 123 298
Accrued expenses 43 0
Accrued salaries and payroll related expenses (8) (96)
Deferred revenue (36) 53
Deferred rent (7) (9)
Net cash used in operating activities (3,990) (2,327)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (233) (91)
Expenditures for patents and domain names (125) (34)
Redemption of investments held-to-maturity 4,747 3,006
Net cash provided by investing activities 4,389 2,881
CASH FLOWS FROM FINANCING ACTIVITIES    
Net proceeds from the sale of common stock from private placement offering 7,471 0
Net cash provided by financing activities 7,471 0
Effects of currency translation on cash 3 0
NET INCREASE IN CASH AND CASH EQUIVALENTS 7,873 554
CASH AND CASH EQUIVALENTS — Beginning of period 5,084 2,501
CASH AND CASH EQUIVALENTS — End of period 12,957 3,055
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Taxes Paid 1 1
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES    
Issuance of common stock in settlement of liability 119 0
Stock options issued in settlement of liability 332 0
Prepaids included in accounts payable 43 0
Property and equipment included in accounts payable 3 0
Patents included in accounts payable $ 36 $ 0