Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS

v3.7.0.1
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income (loss) $ (6,456) $ 10,082
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 203 186
Non-cash (gain) loss on changes in fair value of warrants (612) 106
Stock-based compensation 803 581
Changes in operating assets and liabilities:    
Receivables 3,500 (638)
Prepaid expenses and other assets (80) (63)
Accounts payable and other accrued liabilities (2,988) 1,215
Net cash provided by (used in) operating activities (5,630) 11,469
Cash flows from investing activities:    
Purchases of furniture and equipment (26) (48)
Net cash used in investing activities (26) (48)
Cash flows from financing activities:    
Issuance of common stock from the exercise of options 0 27
Net cash provided by (used in) financing activities 0 27
Net increase (decrease) in cash and cash equivalents (5,656) 11,448
Cash and cash equivalents at beginning of period 14,006 7,857
Cash and cash equivalents at end of period $ 8,350 $ 19,305