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Condensed consolidated statements of cash flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net loss $ (33,915) $ (25,758)
Non-cash items:    
Change in fair value of derivative liability (Note 6)   (81)
Stock-based compensation (Note 5(c)) 2,868 1,405
Unrealized foreign exchange loss and others 481 122
Changes in operating assets and liabilities:    
Receivable, prepayments and deposits (444) (357)
Accounts payable and other liabilities (2,103) 3,440
Cash used in operating activities (33,113) (21,229)
Investing activities    
Purchase of investments (5,995) (56,336)
Proceeds from maturity of investments 54,000 53,598
Purchase of property and equipment (478) (616)
Cash provided by (used in) investing activities 47,527 (3,354)
Financing activities    
Proceeds from exercise of stock options 380 440
Payment on capital lease obligations (11) (2)
Public offering of common stock   75,368
Public offering costs   (4,531)
Cash provided by financing activities 369 71,275
Effect of exchange rate changes on cash and cash equivalents 21 7
Net change in cash and cash equivalents during the period 14,804 46,699
Cash and cash equivalents, beginning of period 32,301 39,526
Cash and cash equivalents, end of period 47,105 86,225
Supplemental disclosure of cash flow information:    
Interest received 996 481
Non-cash investing and financing activities:    
Accrued purchase of property & equipment (77) 103
Assets acquired through capital leases   35
Accrued offering costs $ (30) 306
Exercise of warrants on a net settlement basis   $ (43)