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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities:    
Net loss $ (22,670) $ (20,237)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 77 19
Stock-based compensation expense 2,060 1,934
Amortization of right-of-use asset 492 363
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 4,499 (2,908)
Other assets 10 (59)
Accounts payable (88) 1,056
Accrued expenses and other liabilities (1,593) (892)
Operating lease liabilities (817) (450)
Cash used in operating activities (18,030) (21,174)
Investing activities:    
Purchase of property and equipment (26) (277)
Proceeds from sale of marketable securities 0 4,385
Cash (used in) provided by investing activities (26) 4,108
Financing activities:    
Repayment of debt 0 (90)
Payment of financing costs (197) (162)
Proceeds from the issuance of common stock, net of issuance costs 5,650 0
Proceeds from option and warrant exercises 0 0
Proceeds from option and BSPCE warrant exercises 78 214
Repayment of principal on finance lease (18) 0
Cash provided by (used in) financing activities 5,513 (38)
Effect of foreign currency exchange rate changes on cash 48 (35)
Net decrease in cash, cash equivalents and restricted cash (12,495) (17,139)
Cash, cash equivalents and restricted cash at beginning of period 63,512 73,770
Cash, cash equivalents and restricted cash at end of period 51,017 56,631
Supplemental schedule of non-cash investing and financing activities:    
Right-of-use assets acquired under operating leases 0 1,840
Financing costs in accounts payable and accrued expenses $ 0 $ 83