Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.7.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities:    
Net loss $ (5,548) $ (5,426)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 14 33
Gain on lease termination (227)
Noncash interest expense 288
Stock based compensation expense 1,086 2
Change in fair value of warrants issued in connection with acquisition of licenses (28)
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (191) 538
Accounts payable (507) 3,211
Accrued Expenses 651 107
Liabilities subject to compromise (130) (235)
Net cash used in operating activities (4,365) (1,997)
Investing activities:    
Changes in restricted cash 143
Net cash provided by investing activities 143
Financing activities:    
Net proceeds from term loan 5,500
Net cash provided by financing activities 5,500
Net increase (decrease) in cash and cash equivalents 1,135 (1,854)
Cash and cash equivalents, beginning of period 2,906 8,431
Cash and cash equivalents, end of period 4,041 6,577
Supplemental cash flow disclosure:    
Cash paid for interest 2
Supplemental disclosure of non-cash investing and financing activities:    
Change in fair value of warrants issued in connection with acquisition of licenses $ (28)