| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net loss | ||||||||||
-16,458 | -9,023 | -14,307 | 5,135 | -11,279 | -2,403 | 9,711 | -15,180 | -15,203 | -6,834 | -5,886 |
Adjustments to reconcile loss to net cash used in operating activities: | ||||||||||
Non-cash gain on inventory received from termination of license agreement | ||||||||||
0 | 1,293 | 0 | 0 | - | - | - | - | - | - | - |
Depreciation and amortization | ||||||||||
244 | 380 | 417 | 377 | 358 | 353 | 107 | 17 | 32 | 85 | 169 |
Non-cash interest expense | ||||||||||
613 | 490 | 141 | 0 | 0 | - | - | - | - | - | - |
Non-cash gain on termination of royalty purchase agreement | ||||||||||
- | - | - | - | - | - | 8,962 | 0 | 0 | - | - |
Amortization of discount on long-term debt | ||||||||||
- | - | - | - | - | - | - | - | 1,520 | 132 | - |
Interest on royalty liability | ||||||||||
- | - | - | - | - | - | - | -347 | 1,309 | 0 | - |
Non-cash loss on changes in fair value of warrants | ||||||||||
-1,110 | 0 | - | - | - | - | -1,737 | 1,766 | - | - | - |
Non-cash gain on debt extinguishment | ||||||||||
226 | 0 | 619 | 825 | -4,512 | 1,083 | 1,860 | 0 | 0 | - | - |
Non-cash gain on changes in fair value of derivatives | ||||||||||
- | - | 0 | 0 | - | - | - | - | - | - | - |
Non-cash (gain) loss on changes in fair value of warrants | ||||||||||
- | - | - | - | - | - | - | - | 1,862 | 0 | - |
Gain on investments | ||||||||||
- | - | - | - | - | - | - | - | - | - | 9 |
Gain on disposition of property and equipment | ||||||||||
- | - | - | - | - | - | - | - | - | - | -3 |
Stock-based compensation | ||||||||||
572 | 1,557 | 1,687 | 1,039 | 1,026 | 543 | 678 | 2,581 | 1,177 | 733 | 1,523 |
Changes in operating assets and liabilities: | ||||||||||
Receivables | ||||||||||
-744 | 1,672 | -3,522 | -626 | 245 | -850 | 172 | 926 | 2,495 | 1,159 | - |
Inventory | ||||||||||
-264 | -31 | 0 | 0 | - | - | - | - | - | - | - |
Contract assets | ||||||||||
-99 | -120 | 0 | 0 | - | - | - | - | - | - | - |
Prepaid expenses and other assets | ||||||||||
547 | 185 | 125 | 63 | 29 | -59 | -483 | -149 | 542 | 44 | -405 |
Accounts payable | ||||||||||
-125 | 542 | -2,194 | -1,143 | -250 | -710 | 1,351 | -1,022 | 2,332 | 2,122 | -158 |
Accrued sales allowances | ||||||||||
809 | 0 | - | - | - | - | - | - | - | - | - |
Other accrued liabilities | ||||||||||
30 | 443 | -1,199 | 1,147 | 112 | 172 | -340 | 417 | -744 | 308 | -1,454 |
Deferred revenue | ||||||||||
-313 | 313 | 0 | 0 | - | - | - | - | - | - | - |
Other | ||||||||||
41 | 134 | - | - | - | - | - | - | - | - | - |
Deferred revenue | ||||||||||
- | - | - | - | -1,671 | -3,646 | -9,058 | 14,375 | 0 | 0 | - |
Net cash provided by (used in) operating activities | ||||||||||
- | - | - | - | - | -5,865 | -9,799 | 1,830 | -14,476 | - | - |
Net cash used in operating activities | ||||||||||
-15,445 | -8,431 | -12,677 | 6,293 | -7,466 | - | - | - | - | -4,657 | -5,407 |
Cash flows from investing activities: | ||||||||||
Purchases of property and equipment | ||||||||||
256 | 416 | 175 | 171 | 133 | 18 | 318 | 1,154 | 236 | 28 | 7 |
Disposals of furniture and equipment | ||||||||||
- | - | - | - | - | - | - | - | 2 | 0 | - |
Net cash used in investing activities | ||||||||||
- | - | - | - | - | -18 | -318 | -1,154 | -234 | - | - |
Proceeds from the sale of investments | ||||||||||
- | - | - | - | - | - | - | - | - | - | 9 |
Net cash used in investing activities | ||||||||||
-256 | -416 | -175 | -171 | -133 | - | - | - | - | -28 | 2 |
Cash flows from financing activities: | ||||||||||
Proceeds from equity offerings | ||||||||||
9,665 | 9,651 | - | - | - | - | - | - | - | - | - |
Sale of common & preferred stock | ||||||||||
- | - | 0 | 0 | - | - | - | - | - | - | - |
Issuance of warrants | ||||||||||
0 | 51 | 0 | 0 | - | - | - | - | - | - | - |
Proceeds from issuance of common stock from the exercise of stock options | ||||||||||
- | - | 0 | 27 | 0 | 0 | 113 | 0 | 0 | 0 | 555 |
Proceeds from issuance of common stock and warrants, net of issuance costs | ||||||||||
- | - | - | - | - | 9,591 | 4,925 | 7,516 | 0 | 0 | 478 |
Issuance of common stock from the vesting of restricted shares | ||||||||||
- | - | - | - | 14 | 36 | 0 | 0 | - | - | - |
Net proceeds from the exercises of common stock warrants | ||||||||||
1,603 | 3,268 | 0 | 0 | - | - | 1,275 | 4,897 | 0 | - | - |
Proceeds from the issuance of debt | ||||||||||
0 | 650 | 6,729 | 0 | 0 | - | - | - | - | - | - |
Proceeds from royalty financing | ||||||||||
- | - | - | - | - | - | - | - | 8,000 | 0 | - |
Proceeds from long-term debt | ||||||||||
- | - | - | - | - | - | - | - | 16,500 | 5,000 | 3,000 |
Payments of long-term debt | ||||||||||
0 | 3,000 | 0 | 0 | - | - | 2,500 | 393 | 7,564 | 435 | - |
Net cash provided by (used in) financing activities | ||||||||||
- | - | - | - | - | 9,555 | 3,813 | 12,020 | 16,936 | - | - |
Net cash provided by financing activities | ||||||||||
11,268 | 10,620 | 6,729 | 27 | -14 | - | - | - | - | 4,565 | 4,033 |
Net decrease in cash and cash equivalents | ||||||||||
-4,433 | 1,773 | -6,123 | 6,149 | -7,613 | 3,672 | -6,304 | 12,696 | 2,226 | -120 | -1,372 |
Supplemental disclosure of cash flow information: | ||||||||||
Interest paid | ||||||||||
432 | 471 | 298 | 0 | 0 | - | - | - | - | - | - |
Warrants issued | ||||||||||
0 | 6,348 | 287 | 0 | - | - | - | - | - | - | - |
Derivatives issued | ||||||||||
0 | 159 | 0 | 0 | - | - | - | - | - | - | - |
Deemed dividend on trigger of down round provision | ||||||||||
0 | 285 | 0 | 0 | - | - | - | - | - | - | - |
Purchases of property and equipment included in accounts payable | ||||||||||
11 | 163 | 0 | 0 | - | - | - | - | - | - | - |
Interest paid | ||||||||||
- | - | - | - | - | - | 1,568 | 2,576 | 1,652 | 678 | 9 |
Schedule of non-cash transactions | ||||||||||
Settlement of long-term debt | ||||||||||
- | - | - | - | - | - | 7,500 | 0 | 0 | - | - |
Fair value of warrants at the time of exercise | ||||||||||
- | - | - | - | - | - | 4,686 | 0 | 0 | - | - |
Fair value of warrants at the time of reclassification to equity | ||||||||||
- | - | - | - | 8,646 | - | 0 | - | - | - | - |
Retirement of preferred stock upon dissolution of Ingenex, Inc. | ||||||||||
- | - | - | - | - | - | - | - | - | 1,241 | - |