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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net loss $ (4,365) $ (4,984)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 547 147
Depreciation and amortization 17 87
Accretion on marketable securities 82 82
Changes in operating assets and liabilities:    
Prepaid and other current assets (223) (3)
Other assets 91 90
Accounts payable, accrued liabilities and other liabilities (1,635) (1,718)
Net cash used in operating activities (5,486) (6,299)
Cash flows from investing activities:    
Purchase of marketable securities (16,264) (24,144)
Sale of marketable securities 25,005 22,964
Acquisition of property and equipment 0 (9)
Net cash provided by (used in) investing activities 8,741 (1,189)
Cash flows from financing activities:    
Proceeds from exercise of options 0 40
Tax withholding payments on net share settlement equity awards (130) (45)
Net proceeds from issuance of common stock 1,000 0
Repayment of notes payable 0 (67)
Net cash provided by (used in) financing activities 870 (72)
Net increase (decrease) in cash, cash equivalents and restricted cash 4,125 (7,560)
Cash, cash equivalents and restricted cash at beginning of period 10,299 34,168
Cash, cash equivalents and restricted cash at end of period 14,424 26,608
Cash paid during the period for:    
Interest $ 0 $ 3