XML 16 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities:    
Net loss $ (5,821) $ (3,474)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 36 21
Change in fair value of convertible preferred stock warrant liability (220)
Change in fair value of maturity date preferred stock warrant liability (7)
Change in fair value of convertible shareholder notes derivative liability 139
Stock based compensation 1,298 58
Non-cash interest expense on convertible shareholder notes 1,107
Changes in operating assets and liabilities:    
Accounts receivable (68) 22
Inventory (58) 18
Prepaid expenses 74 98
Accounts payable 60 185
Accrued expenses and other current liabilities, excluding accrued interest on convertible note 16 161
Deferred revenue 82 37
Deferred rent 12 (15)
Net cash used in operating activities (4,369) (1,870)
Investing activities:    
Purchase of property and equipment (100)
Purchase of short-term investments (1,796)
Net cash used in investing activities (1,896)
Financing activities:    
Proceeds from the exercise of stock options 22
Net cash provided by financing activities 22
Net decrease in cash and cash equivalents (6,243) (1,870)
Cash and cash equivalents at beginning of period 21,352 3,557
Cash and cash equivalents at end of period 15,109 1,687
Supplemental disclosures for noncash investing activity:    
Accounts payable recognized for the purchase of equipment $ 5