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Statement of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities    
Net loss $ (125,580,000) $ (60,080,000)
Income (Loss) Attributable to Parent, before Tax (126,038,000) (60,080,000)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 1,078,000 320,000
Amortization of investments (686,000) (218,000)
Amortization of debt issuance costs 948,000 560,000
Stock-based compensation 6,484,000 1,728,000
Loss on extinguishment of debt 2,324,000 0
Change in fair value of warrants (692,000) (196,000)
Changes in operating assets and liabilities    
Trade accounts receivable (4,693,000) 0
Other accounts receivable 1,634,000 (1,670,000)
Prepaid expenses and other current assets (960,000) (1,588,000)
Inventory (2,176,000) 0
Other assets (247,000) 62,000
Accounts payable 4,737,000 (1,110,000)
Other accrued liabilities 8,912,000 5,630,000
Accrued trade discounts and rebates 1,375,000 0
Accrued returns reserve 1,957,000 0
Other liabilities 1,239,000 283,000
Net cash used in operating activities (104,346,000) (56,279,000)
Cash flows from investing activities    
Capital expenditures (1,107,000) (1,510,000)
Purchases of investments (102,472,000) (68,851,000)
Sales and maturities of investments 101,196,000 2,100,000
Net cash used in investing activities (2,383,000) (68,261,000)
Cash flows from financing activities    
Proceeds from Initial Public Offering 0 98,325,000
Payments for Initial Public Offering Costs 0 (9,422,000)
Proceeds from public offerings 61,692,000 0
Payments of public offering costs (4,465,000) 0
Proceeds from sale of Series C Preferred Stock 0 4,438,000
Payments for preferred stock issuance costs 0 (24,000)
Proceeds from issuance of debt 60,000,000 35,000,000
Repayment of debt (35,000,000) 0
Payments of debt issuance costs (2,381,000) (333,000)
Proceeds from employee stock purchase plan 532,000 0
Proceeds from exercise of stock awards 152,000 227,000
Net cash provided by financing activities 80,530,000 128,211,000
Effect of exchange rate on cash and cash equivalents 2,000 0
Increase (decrease) in cash and cash equivalents (26,197,000) 3,671,000
Cash and cash equivalents, beginning of period 45,716,000 42,045,000
Cash and cash equivalents, end of period 19,519,000 45,716,000
Supplemental schedule of cash flow information    
Cash paid for interest 3,717,000 1,711,000
Supplemental schedule of non-cash investing and financing activities    
Tenant improvement allowance 5,658,000 0
Accrued debt issuance costs 1,800,000 2,325,000
Allocation of debt proceeds to warrants $ 0 $ 1,012,000