XML 27 R7.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Statements of Cash Flows - Equity Component [Domain] - USD ($)
 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net loss $ (3,379,000) $ (3,273,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Common stock issued for services 62,000 111,000
Share based payments 355,000 162,000
Depreciation and amortization 112,000 119,000
Abandonment of capitalized intangible assets 5,000 8,000
Deferred rent (6,000) 7,000
Change in operating assets and liabilities:    
Prepaid expenses (145,000) (94,000)
Accounts payable 174,000 (81,000)
Accrued compensation (340,000) (70,000)
Net cash used in operating activities (3,162,000) (3,111,000)
Cash flows from investing activities:    
Acquisition of fixed assets (30,000) (63,000)
Disbursements for patents and other intangible assets (611,000) (579,000)
Net cash used in investing activities (641,000) (642,000)
Cash flows from financing activities:    
Proceeds from issuance of common stock for cash, net of offering costs 16,279,000 5,796,000
Proceeds from exercise of stock options 285,000 0
Net cash provided by financing activities 16,564,000 5,796,000
Net increase in cash and cash equivalents 12,761,000 2,043,000
Cash and cash equivalents, beginning of period 1,845,000 2,688,000
Cash and cash equivalents, end of period $ 14,606,000 $ 4,731,000