CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands |
12 Months Ended |
Dec. 31, 2015 |
Dec. 31, 2014 |
| Cash Flows from Operating Activities |
|
|
| Net loss |
$ (10,402)
|
$ (15,618)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
| Net contribution from related party shareholder |
0
|
80
|
| Stock-based compensation |
2,234
|
5,424
|
| Depreciation and amortization |
81
|
1
|
| Decrease (increase) in: |
|
|
| Accounts receivable and other receivable |
(836)
|
(10)
|
| Prepaid and other current assets |
(179)
|
70
|
| Increase (decrease) in: |
|
|
| Accounts payable |
(767)
|
556
|
| Accrued expenses |
(208)
|
8
|
| Deferred expenses and deferred revenue |
887
|
223
|
| Net cash used in operating activities |
(9,190)
|
(9,266)
|
| Cash Flows from Investing Activities: |
|
|
| Purchase of property and equipment and capitalized software costs |
(309)
|
(30)
|
| Short-term investment |
(50)
|
0
|
| Net cash (used in) provided by investing activities |
(359)
|
(30)
|
| Cash Flows from Financing Activities: |
|
|
| Net cash provided by financing activities |
0
|
0
|
| Net decrease in cash and cash equivalents |
(9,549)
|
(9,296)
|
| Cash and cash equivalents |
|
|
| Beginning |
15,407
|
24,703
|
| Ending |
5,858
|
15,407
|
| Purchase of assets and liabilities in connection with reverse merger: |
|
|
| Long-term investment |
$ (672)
|
$ 0
|