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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities    
Net loss $ (41,825) $ (24,740)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 907 673
Loss on disposal of fixed assets 20  
Net amortization of premiums and discounts on investments (288) (118)
Stock-based compensation 2,756 990
Change in deferred rent 77 (115)
Changes in operating assets and liabilities:    
Accounts receivable 198 320
Prepaid expenses and other current assets (1,379) (1,791)
Other assets (1,433) 47
Accounts payable 3,619 1,112
Accrued expenses 3,568 1,132
Deferred revenue (5,532) (9,193)
Net cash used in operating activities (39,312) (31,683)
Cash flows from investing activities    
Maturities of marketable securities 74,565 25,320
Purchase of property and equipment (1,093) (433)
Purchase of marketable securities   (111,321)
Net cash provided by (used in) investing activities 73,472 (86,434)
Cash flows from financing activities    
Proceeds from exercise of stock options 853 431
Net cash provided by financing activities 853 68,576
Increase (decrease) in cash, cash equivalents and restricted cash 35,013 (49,541)
Cash, cash equivalents and restricted cash, beginning of period 26,962 100,668
Cash, cash equivalents and restricted cash, end of period 61,975 51,127
Supplemental disclosures of non-cash activities:    
Conversion of preferred stock to common stock upon closing of initial public offering   94,450
Purchases of property and equipment included in accounts payable and accrued expenses 75 82
Adjustment to accumulated deficit and deferred revenue upon adoption of Topic 606 $ 2,031  
IPO    
Cash flows from financing activities    
Net proceeds from issuance of stock   67,420
Over allotment option    
Cash flows from financing activities    
Net proceeds from issuance of stock   $ 725