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Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities:    
Net loss $ (9,021) $ (20,714)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 171 79
Stock-based compensation 1,498 1,795
Noncash interest expense on loans 237 274
Revaluation of warrant liability   (35)
Amortization (accretion) of bond premium (discount) on marketable securities (5) 182
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (454) (1,142)
Accounts payable, accrued expenses and other liabilities (2,832) (9,891)
Net cash used in operating activities (10,406) (29,452)
Investing activities:    
Purchases of property and equipment (144) (116)
Maturities of marketable securities 16,500 21,958
Purchases of marketable securities (10,402) (15,108)
Net cash provided by investing activities 5,954 6,734
Financing activities:    
Proceeds from exercise of common stock options 57 355
Proceeds from issuance of common stock, net 9,154 6,833
Capital lease payments (3) (2)
Proceeds from loans payable, net   9,921
Repayments of loans payable, net (3,167)  
Net cash provided by financing activities 6,041 17,107
Net increase (decrease) in cash and cash equivalents 1,589 (5,611)
Cash, cash equivalents and restricted cash—beginning of period 17,970 25,459
Cash, cash equivalents and restricted cash—end of period 19,559 19,848
Supplemental disclosure of cash flow information:    
Cash paid for interest $ 464 304
Fair value of common stock warrants issued   $ 184