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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities    
Net loss $ (10,458) $ (17,782)
Adjustments to reconcile net loss to net cash used in operating activities    
Non-cash interest expense 121  
Depreciation and amortization expense 1,219 1,239
Gain on sale of property and equipment (574)  
Premiums paid on marketable securities   (51)
Amortization and accretion on marketable securities (216) (141)
Stock-based compensation expense 594 764
Loss on equity method investment 301 746
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (183) 801
Accounts payable, accrued expenses and other (4,456) (2,397)
Deferred rent   (518)
Net cash used in operating activities (13,652) (17,339)
Cash flows from investing activities    
Purchase of property and equipment   (16)
Proceeds on sale of property and equipment 615  
Proceeds from maturities and sales of marketable securities 29,500  
Purchases of marketable securities   (41,818)
Net cash provided by (used in) investing activities 30,115 (41,834)
Net increase (decrease) in cash, cash equivalents and restricted cash 16,463 (59,173)
Cash, cash equivalents and restricted cash, beginning of period 20,663 94,217
Cash, cash equivalents and restricted cash, end of period 37,126 35,044
Non-cash investing activities    
Purchases of property and equipment in accounts payable, accrued expenses and other   $ 114
Supplemental disclosure of cash flows    
Cash paid for income taxes 10  
Cash paid for interest $ 361