Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Cash Flows

v3.7.0.1
Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net loss $ (6,227) $ (5,026)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 268 69
Stock-based compensation 692 595
Unrealized transaction gains (losses) on Parent activity (156) 7
Changes in operating assets and liabilities:    
Trade accounts receivable 110 117
Due to/from related parties 1,213 701
Prepaid expenses and other assets (448) (313)
Accounts payable 284 1,022
Accrued salaries, wages, and other compensation 10 (16)
Accrued liabilities 369 709
Deferred revenue (178) (68)
Net cash used in operating activities (4,063) (2,203)
Investing activities    
Purchases of property and equipment (608) (10,202)
Net cash used in investing activities (608) (10,202)
Financing activities    
Advances from Parent 3,000  
Deferred offering costs (834)  
Net cash provided by financing activities 2,166  
Net decrease in cash and cash equivalents (2,505) (12,405)
Cash and cash equivalents-beginning of period 5,026 24,687
Cash and cash equivalents-end of period 2,521 12,282
Supplemental cash flow information    
Interest paid   $ 2
Supplemental non-cash financing transactions:    
Deferred offering costs in accounts payable and accrued liabilities $ 1,269