XML 20 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating activities:    
Net loss $ (34,497) $ (30,704)
Items not involving cash:    
Depreciation 586 649
Amortization of discount on term loan 284 11
Stock-based compensation 2,625 2,236
Unrealized foreign exchange (gain) loss 646 (1,474)
Gain on termination of collaboration agreement (note 12a) (4,398)  
Changes in operating assets and liabilities:    
Accounts receivable 175 (232)
Prepaid expenses, and other current assets (928) 613
Prepaid expenses, long term   178
Accounts payable and accrued expenses 783 (3)
Net cash used in operating activities (34,724) (28,726)
Investing activities:    
Purchases of property, plant and equipment (507) (315)
Purchase of marketable securities (77,002) (28,007)
Proceeds from marketable securities 48,522 52,616
Net cash provided by (used in) investing activities (28,987) 24,294
Financing activities:    
Proceeds from issuance of refinanced term loan, net of issuance costs (note 9) 8,453 6,893
Issuance of common shares, net of issuance costs (note 10a) 102,850  
Issuance of common shares pursuant to exercise of stock options 288 177
Net cash provided by financing activities 111,591 7,070
Effect of exchange rate changes on cash and cash equivalents (612) 753
Increase in cash and cash equivalents 47,268 3,391
Cash and cash equivalents, beginning of year 20,486 17,095
Cash and cash equivalents, end of year 67,754 20,486
Supplemental disclosures:    
Interest paid 561  
Interest received 1,067 740
Supplemental disclosures of non-cash transactions:    
Fair value of stock options and warrants exercised on a cashless basis 1,125 $ 25
Issuance of preferred shares in exchange for common shares (note 10d) 21,825  
Conversion of preferred shares to common shares (note 10d) 14,093  
Teva Pharmaceuticals International GmbH and Teva Canada Limited [Member]    
Supplemental disclosures of non-cash transactions:    
Termination of Teva agreement through cancellation of common shares (note 12a) $ 4,470