Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Cash Flows

v3.8.0.1
Condensed Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities    
Net loss $ (4,370) $ (2,832)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 156 133
Stock-based compensation 40 134
Unrealized transaction gain (loss) on related party activity 8 (27)
Changes in operating assets and liabilities:    
Trade accounts receivable   110
Due to/from related parties (496) 490
Prepaid expenses and other assets (880) (426)
Accounts payable (581) 337
Accrued salaries, wages, and other compensation (456) (89)
Accrued liabilities 25 418
Deferred revenue (11) 45
Net cash used in operating activities (6,565) (1,707)
Investing activities    
Purchases of property and equipment (41) (312)
Net cash used in investing activities (41) (312)
Financing activities    
Deferred costs (69)  
Proceeds from the exercise of stock options 714  
Net cash provided by financing activities 645  
Net decrease in cash and cash equivalents (5,961) (2,019)
Cash and cash equivalents-beginning of period 56,664 5,026
Cash and cash equivalents-end of period 50,703 3,007
Supplemental cash flow information    
Interest paid 124 $ 14
Supplemental non-cash investing and financing transactions:    
Property and equipment included in financing lease obligation 4,529  
Deferred costs in accounts payable and accrued liabilities $ 417