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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flows from Operating Activities    
Net loss $ (42,309) $ (16,094)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 381 162
Accretion of discounts and amortization of premiums on marketable securities 165  
Stock-based compensation 5,232 368
Loss from remeasurement of fair value of warrants 26,077 282
Gain from changes in the fair value of preferred stock derivative liability   (976)
Gain on extinguishment of convertible promissory notes   (3,553)
Non-cash interest expense related to convertible promissory notes payable   2,382
Changes in operating assets and liabilities:    
Accounts receivable 6 233
Prepaid expenses and other assets (2,455) (468)
Accounts payable 2,209 598
Deferred revenue 165,195 9,693
Accrued clinical trial and manufacturing expenses 1,536 1,015
Accrued expenses and other liabilities 1,717 602
Net cash provided by (used in) operating activities 157,754 (5,756)
Cash Flows from Investing Activities    
Purchases of marketable securities (267,513)  
Purchase of property and equipment (1,816) (478)
Net cash used in investing activities (269,329) (478)
Cash Flows from Financing Activities    
Proceeds from issuance of common stock, net of offering costs 150,283  
Proceeds from issuance of convertible preferred stock, net of issuance costs 22,522 36,896
Proceeds from issuance of convertible promissory note payable to related parties   308
Proceeds from exercise of stock options and warrants 305 49
Net cash provided by financing activities 173,110 37,253
Net increase in cash and cash equivalents 61,535 31,019
Cash and cash equivalents at beginning of period 119,456 8,532
Cash and cash equivalents at end of period 180,991 39,551
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Conversion of convertible preferred stock to common stock 164,964  
Reclassification of warrant liabilities to additional paid-in capital 27,066  
Purchase of property and equipment in accounts payable $ 79 138
Reclassification of liability classified warrants to additional paid-in capital   784
Series C Convertible Preferred Stock    
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Issuance of convertible preferred stock in connection with conversion of convertible promissory notes   13,452
Series B Convertible Preferred Stock    
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Issuance of convertible preferred stock in connection with conversion of convertible promissory notes   $ 2,088