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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net loss $ (52,078) $ (40,969) $ (52,023)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 998 1,808 1,328
Stock-based compensation 5,480 4,678 4,029
Common stock issued for services 256 0 0
Other (1) 85 0
Changes in operating assets and liabilities:      
Other assets and prepaid expenses 165 (232) 143
Accounts payable 287 (459) 281
Accrued expenses 4,490 (587) (3,584)
Other liabilities 6 (98) (126)
Net cash used in operating activities (40,397) (35,774) (49,952)
Cash flows from investing activities:      
Purchases of property and equipment (685) (556) (2,340)
Change in restricted cash 0 533 1,059
Proceeds from sale of equipment 7 2 0
Net cash used in investing activities (678) (21) (1,281)
Cash flows from financing activities:      
Proceeds from issuance of common stock, net of issuance costs 37,998 12,355 32,189
Proceeds from exercise of stock options 5 32 515
Deferred financing costs (19) (13) (283)
Net cash provided by financing activities 37,984 12,374 32,421
Effect of exchange rate changes on cash and cash equivalents 1 (4) (10)
Net change in cash and cash equivalents (3,090) (23,425) (18,822)
Cash and cash equivalents, beginning of period 59,991 83,416 102,238
Cash and cash equivalents, end of period 56,901 59,991 83,416
Supplemental disclosure of non-cash investing and financing activities:      
Purchase of property and equipment included in liabilities 16 41 9
Stock issuance costs included in liabilities 1 0 39
Change in stock option early exercise repurchase liability $ 0 $ 23 $ 108