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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:    
Net loss $ (37,589) $ (35,358)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 1,612 1,178
Change in operating lease right-of-use assets 841  
Depreciation 683 764
Effective interest on financing obligations 860 304
Capitalized interest (582) (294)
Accretion of interest on marketable securities (55) (131)
Deferred rent 0 936
Impairment loss 0 511
Other 93 (14)
Change in operating assets and liabilities:    
Prepaid expenses and other assets (193) 1,208
Accounts payable 1,764 98
Accrued compensation and other accrued liabilities (1,288) 1,676
Operating lease liabilities (963)  
Net cash used in operating activities (34,817) (29,122)
Cash flows from investing activities:    
Proceeds from maturities of marketable securities 17,400 16,050
Purchases of marketable securities (3,476) (29,788)
Purchases of property and equipment (11,760) (5,490)
Proceeds from sale of property and equipment 0 15
Net cash provided by (used in) investing activities 2,164 (19,213)
Cash flows from financing activities:    
Proceeds from build-to-suit obligation, net of issuance costs 6,126 7,570
Principal payments on financing obligations (3,079) (6,999)
Payment of term loan end of term charge 0 (351)
Net cash provided by financing activities 29,829 45,824
Net decrease in cash, cash equivalents and restricted cash (2,824) (2,511)
Cash, cash equivalents and restricted cash at beginning of year 9,595 12,106
Cash, cash equivalents and restricted cash at end of year 6,771 9,595
Supplemental cash flow information:    
Cash paid for interest 834 884
Cash paid for income taxes 3 2
Non-cash investing and financing activities:    
Acquisition of property and equipment under accounts payable and other accrued liabilities 4,420 3,374
Accrued offering costs 188 0
Right-of-use assets acquired under finance lease obligations 22  
Right-of-use assets acquired under finance lease obligations   25
Issuance of common stock warrants in connection with a build-to-suit obligation 0 243
Public Stock Offering    
Cash flows from financing activities:    
Proceeds from public offering of securities, net of commissions and offering costs 18,331 45,604
At-The-Market Offering    
Cash flows from financing activities:    
Proceeds from public offering of securities, net of commissions and offering costs 5,289 0
Registered Direct Offering    
Cash flows from financing activities:    
Proceeds from public offering of securities, net of commissions and offering costs $ 3,162 $ 0