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Unaudited Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities    
Net loss $ (23,078) $ (12,877)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 63 45
Non-cash interest expense (debt discount and deferred costs) 17 27
Change in fair value of derivative liabilities 304 13
Stock-based compensation expense 1,154 525
Changes in assets and liabilities:    
Prepaid expenses and other current assets 114 (2)
Inventory (324)  
Deposits and other assets 68  
Accounts payable 3,839 (16)
Accrued expenses and other current liabilities 781 1,537
Accrued interest (327) 194
Deferred rent 12 5
Net cash used in operating activities (17,377) (10,549)
Cash flows from investing activities    
Capital expenditures (362) (61)
Net cash used in investing activities (362) (61)
Cash flows from financing activities    
Proceeds from issuance of common stock, net of issuance costs 45,738  
Proceeds from exercise of stock options 36 19
Proceeds from notes payable 17,500  
Repayments of notes payable (13,284)  
Net cash provided by financing activities 49,990 19
Net increase (decrease) in cash and cash equivalents 32,251 (10,591)
Cash and cash equivalents, at beginning of period 3,939 18,923
Cash and cash equivalents, at end of period $ 36,190 $ 8,332