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CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net loss $ (4,903) $ (4,231)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 72 197
Bad debt expense 24  
Non-cash charges for stock-based compensation 699 388
Loss on disposal of long-lived assets   58
Changes in current assets and liabilities, net (611) (479)
Changes in non-current liabilities, net 2 78
Net cash used in operating activities (4,717) (3,989)
Cash flows from investing activities:    
Purchases of property and equipment (44) (39)
Proceeds from the sale of property and equipment   5
Purchases of investment securities   (9,755)
Proceeds from maturities of investment securities 3,392 1,890
Net cash provided by/(used in) investing activities 3,348 (7,899)
Cash flows from financing activities    
Proceeds from issuance of common stock, net of issuance costs (20) 10,674
Net cash provided by/(used in) financing activities (20) 10,674
Change in cash and cash equivalents (1,389) (1,214)
Beginning balance of cash and cash equivalents 7,968 5,249
Ending balance of cash and cash equivalents $ 6,579 $ 4,035