XML 18 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net loss $ (14,291) $ (8,749)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 78 57
Stock-based compensation 662 145
Fair value of warrants issued 162 152
Fair value of warrants issued to employees for bonuses 244
Non-cash interest expense 422 151
Changes in assets and liabilities:    
Accounts receivable (1,214) (233)
Inventory 76 (534)
Prepaid expenses and other current assets (70) (861)
Other noncurrent assets 5 10
Accounts payable 1,045 685
Accrued liabilities 931 604
Net cash used in operating activities (12,194) (8,329)
Cash flows from investing activities:    
Purchase of property and equipment (224) (48)
Net cash used in investing activities (224) (48)
Cash flows from financing activities:    
Proceeds from sale of common stock, net of issuance costs 13,886 11,040
Proceeds from note payable 9,910 2,500
Repayments of note payable (4,833)  
Proceeds from exercise of warrants 92 3
Proceeds from exercise of stock options 14  
Net cash provided by financing activities 19,069 13,543
Net increase in cash and cash equivalents 6,651 5,166
Cash and cash equivalents - beginning of period 7,360 895
Cash and cash equivalents - end of period 14,011 6,061
Supplemental disclosure:    
Cash paid for interest 636 151
Cash paid for income taxes 1 1
Supplemental disclosure of cash flow information as of end of period:    
Issuance of warrant in connection with note payable 350 10
Restricted stock awards granted to employees for 2015 accrued bonuses 246
Net transfer of equipment between inventory and property and equipment $ 60 $ 20