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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities    
Net loss $ (34,016) $ (22,644)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 412 341
Stock-based compensation 3,859 2,242
Changes in operating assets and liabilities:    
Prepaid expenses, deposits and other 336 677
Accounts payable and accrued expenses 3,720 1,192
Net cash used in operating activities (24,847) (16,959)
Investing activities    
Purchases of equipment (551) (400)
Net cash used in investing activities (551) (400)
Financing activities    
Shares retained for withholding tax payments on stock-based awards (451) (176)
Net cash provided by financing activities 71,064 10,537
Increase (decrease) in cash and cash equivalents 45,666 (6,822)
Cash and cash equivalents at beginning of the period 35,041 51,059
Cash and cash equivalents at end of the period 80,707 44,237
Consolidated entity excluding, related party    
Changes in operating assets and liabilities:    
Accounts receivable (7) 182
Financing activities    
Proceeds from issuance of common stock, net of issuance cost 63,941 10,713
Healios    
Changes in operating assets and liabilities:    
Accounts receivable 849 1,820
Deferred revenue - Healios 0 (672)
Advances and deposits from Healios 0 (97)
Financing activities    
Proceeds from issuance of common stock, net of issuance cost 534 0
Proceeds from exercise of warrant $ 7,040 $ 0