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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flow from operating activities:    
Net loss $ (6,167) $ (6,637)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 495 503
Share-based compensation 272 214
Loss on disposal and write-offs of property and equipment 44 0
Changes in operating assets and liabilities:    
Contracts and grants receivable 230 0
Prepaid expenses and other current assets 125 45
Accounts payable (692) 242
Accrued compensation 670 615
Accrued outside research and development services 915 254
Accrued legal and professional fees (508) (199)
Other accrued expenses (52) (406)
Deferred revenue (1,143) 3,360
Research and development service obligation liabilities (1,513) 0
Other long-term assets and liabilities (114) (101)
Net cash used in operating activities (7,438) (2,110)
Cash flow from investing activities:    
Purchases of property and equipment (352) (17)
Proceeds from the sale of property and equipment 15 0
Net cash used in investing activities (337) (17)
Cash flow from financing activities:    
Proceeds from issuance of common stock and pre-funded warrants, net of underwriting fees and commissions 12,577 0
Proceeds from exercise of common stock warrants 2,880 0
Proceeds from issuance of common stock under common stock purchase agreement 442 0
Payments related to public offering costs (26) 0
Payments of offering costs related to new registration statement (25) 0
Proceeds from exercise of stock options 0 10
Net cash provided by financing activities 15,848 10
Net increase (decrease) in cash, cash equivalents and restricted cash 8,073 (2,117)
Cash, cash equivalents and restricted cash as of beginning of period 14,251 8,733
Cash, cash equivalents and restricted cash as of end of period 22,324 6,616
Supplemental disclosure of non-cash investing and financing activities:    
Purchases of property and equipment with accounts payable and accrued expenses 6 69
Deferred offering costs in accounts payable and accrued expenses 152 0
Deferred offering costs reclassified to additional paid-in capital 16 0
Reconciliation to condensed consolidated balance sheets:    
Total cash, cash equivalents and restricted cash shown in the statement of cash flows $ 22,324 $ 6,616