Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v3.5.0.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities:    
Net loss $ (9,416) $ (9,760)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 908 419
Foreign currency translation adjustments 11 0
Amortization of deferred rent (18) (19)
Stock-based compensation expense 2,101 791
Gain on change in fair value of warrant liability (4,650) 0
Changes in operating assets and liabilities:    
Accounts receivable 503 (845)
Inventories (1,330) (478)
Note receivable (90) 0
Prepaid expense and other assets (252) (85)
Deferred costs of revenue 4,590 (823)
Accounts payable (620) 1,523
Accrued liabilities 1,257 (402)
Deferred revenues (7,116) 1,217
Net cash used in operating activities (14,122) (8,462)
Investing activities:    
Acquisition of property and equipment (597) (559)
Net cash used in investing activities (597) (559)
Financing activities:    
Principal payments on note payable (56) (22)
Fees paid related to 2015 issuance of convertible preferred stock (173) 0
Proceeds from exercise of stock options 57 56
Proceeds from exercise of warrants 0 48
Net cash (used in) provided by financing activities (172) 82
Net decrease in cash (14,891) (8,939)
Cash at beginning of period 19,552 25,190
Cash at end of period $ 4,661 $ 16,251