XML 32 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
STATEMENTS OF CASH FLOWS (USD $)
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:    
Net loss $ (9,689,000)us-gaap_NetIncomeLoss $ (6,939,000)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 12,000us-gaap_DepreciationAndAmortization 26,000us-gaap_DepreciationAndAmortization
Amortization of deferred charges 67,000us-gaap_AmortizationOfDeferredCharges  
Share-based compensation 647,000us-gaap_ShareBasedCompensation 283,000us-gaap_ShareBasedCompensation
Change in operating assets and liabilities:    
Other current assets 214,000us-gaap_IncreaseDecreaseInOtherCurrentAssets 130,000us-gaap_IncreaseDecreaseInOtherCurrentAssets
Other assets (545,000)us-gaap_IncreaseDecreaseInOtherOperatingAssets 14,000us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable 198,000us-gaap_IncreaseDecreaseInAccountsPayable 532,000us-gaap_IncreaseDecreaseInAccountsPayable
Accrued compensation and employee benefits (130,000)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities 356,000us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities
Accrued expenses and other liabilities (182,000)us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities 325,000us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
Other 2,000us-gaap_IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet (15,000)us-gaap_IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
Net cash used in operating activities (9,406,000)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (5,288,000)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:    
Purchase of property and equipment (19,000)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (32,000)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash used in investing activities (19,000)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (32,000)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities:    
Proceeds from the issuance of preferred stock   20,000,000us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
Proceeds from the issuance of common stock 9,038,000us-gaap_ProceedsFromIssuanceOfCommonStock 1,741,000us-gaap_ProceedsFromIssuanceOfCommonStock
Repayment of principal on vendor finance agreement (179,000)us-gaap_RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths (174,000)us-gaap_RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths
Net cash provided by financing activities 8,023,000us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 19,156,000us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net (decrease) increase in cash and cash equivalents (1,402,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 13,836,000us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 16,756,000us-gaap_CashAndCashEquivalentsAtCarryingValue 2,920,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 15,354,000us-gaap_CashAndCashEquivalentsAtCarryingValue 16,756,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental cash flow information:    
Interest paid 3,000us-gaap_InterestPaid 3,000us-gaap_InterestPaid
Preferred Stock    
Cash flows from financing activities:    
Offering costs   (2,083,000)us-gaap_PaymentsOfStockIssuanceCosts
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_PreferredStockMember
Common stock    
Cash flows from financing activities:    
Offering costs $ (836,000)us-gaap_PaymentsOfStockIssuanceCosts
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember		 $ (328,000)us-gaap_PaymentsOfStockIssuanceCosts
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember