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Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net loss $ (16,023) $ (10,840)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock-based compensation expense 1,705 1,349
Non-cash interest expense 110 35
Depreciation and amortization expense 261 205
Purchase of premium on marketable securities (3)  
Amortization of premium on marketable securities 11 104
Changes in operating assets and liabilities:    
Accounts receivable 6 (34)
Prepaid expenses and other current assets (1,167) 305
Inventory 17 7
Accounts payable 659 79
Accrued expenses and deferred rent (153) (424)
Deferred revenue   (42)
Net cash used in operating activities (14,577) (9,256)
Cash flows from investing activities:    
Purchases of property and equipment (1,654) (127)
Purchases of marketable securities (3,000)  
Maturities of investments 12,500 25,000
Net cash provided by investing activities 7,846 24,873
Cash flows from financing activities:    
Proceeds from issuance of notes payable 3,700  
Proceeds from exercise of stock options 2 5
Proceeds from issuance of common stock offering, net 26,272  
Payments of insurance costs financed by a third-party (197) (194)
Repayment of notes payable (1,300)  
Net cash provided by (used in) financing activities 28,477 (189)
Net increase in cash and cash equivalents 21,746 15,428
Cash and cash equivalents at beginning of period 32,936 30,784
Cash and cash equivalents at end of period 54,682 46,212
Supplemental disclosure of non-cash investing and financing activities:    
Additions to property and equipment included in accounts payable at balance sheet dates 987 $ 109
Public offering costs included in accounts payable and accrued expenses at balance sheet dates $ 55