XML 18 R7.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income (loss) $ 2,616 $ (9,502)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Share-based compensation 861 793
Depreciation and amortization 30 35
Accretion on marketable securities 40 133
Changes in operating assets and liabilities:    
Prepaid and other current assets (920) (110)
Other assets 308 181
Accounts payable, accrued liabilities and other liabilities (2,673) (1,735)
Net cash provided by (used in) operating activities 262 (10,205)
Cash flows from investing activities:    
Purchase of marketable securities (8,235) (25,969)
Sale of marketable securities 11,104 36,721
Purchase of property and equipment (14) 0
Net cash provided by investing activities 2,855 10,752
Cash flows from financing activities:    
Tax withholding payments on net share settlement equity awards (148) (130)
Net proceeds from issuance of common stock 9,683 1,038
Net cash provided by financing activities 9,535 908
Net increase in cash and cash equivalents 12,652 1,455
Cash and cash equivalents at beginning of period 14,032 10,299
Cash and cash equivalents at end of period $ 26,684 $ 11,754