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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities    
Net loss $ (13,900) $ 67,967
Adjustments to reconcile net loss to net cash used in operating activities:    
Gain on sale of the Core Business, net of tax 0 (69,072)
Depreciation and amortization 510 429
Provision for inventory obsolescence 115 0
Unrealized gain on foreign currency remeasurement (12) 0
Loss on disposal of property and equipment 19 0
Stock based compensation 2,594 1,238
Change in fair value of derivative liabilities 0 (20)
Net, non cash lease expense 2  
Realized and unrealized gains on short term investments (164) (47)
Provision for allowance for doubtful accounts (94) 123
Benefit of deferred taxes 0 (368)
Changes in operating assets and liabilities:    
Trade receivables (2,580) 654
Prepaid expenses (596) (188)
Inventories (2,463) (1,706)
Deposits and other assets (131) (9)
Accounts payable 50 765
Accrued and other liabilities 1,556 (2,601)
Net cash used in operating activities (15,094) (2,835)
Cash flows from investing activities    
Purchases of property and equipment (1,076) (203)
Purchases of marketable securities (18,884) (55,433)
Proceeds from maturities of marketable securities 80,726 0
Proceeds from the disposition of Core business 0 91,095
Net cash provided by investing activities 60,766 35,459
Cash flows from financing activities    
Proceeds from stock options 154 65
Repayment of finance lease liabilities (2) 0
Repayment of mortgage note payable 0 (2,694)
Net cash provided by (used in) financing activities 152 (2,629)
Effect of foreign currency translation on cash (18) 0
Net change in cash, cash equivalents and restricted cash 45,806 29,995
Cash, cash equivalents and restricted cash, beginning of period 16,466 10,668
Cash, cash equivalents and restricted cash, end of period 62,272 40,663
Cash paid for:    
Interest 0 102
Non cash financing activities:    
Cashless exercise of stock options/warrants $ 957 $ 3,133