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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net loss $ (54,780) $ (16,709) $ (6,102)
Adjustments to reconcile net loss to net cash used in operating activities:      
Stock-based compensation expense 9,694 2,068 209
Depreciation and amortization expense 728 190 88
Loss from revaluation of preferred stock warrant liability 7 1,418 8
Licensing fees paid in common stock warrant   317  
Other non-cash expense 367 81 19
Changes in operating assets and liabilities:      
Prepaid expenses and other current assets (2,470) (7) (21)
Accounts payable 2,682 810 281
Accrued expenses and other liabilities 2,928 1,474 197
Net cash used in operating activities (40,844) (10,358) (5,321)
Cash flows from investing activities:      
Purchases of property and equipment (4,362) (1,001) (174)
Purchases of Short-term investments (267,761)    
Maturities of Short-term investments 136,390    
Changes in restricted cash (1,400) (102) (10)
Net cash used in investing activities (137,133) (1,103) (184)
Cash flows from financing activities:      
Proceeds from issuance of convertible preferred stock, net of issuance costs (24) 123,203  
Proceeds from issuance of notes payable and preferred stock warrant, net of issuance costs   2,000 944
Proceeds from exercise of stock options and warrants 262 5  
Proceeds from Issuance of common stock in connection with IPO 143,015    
Proceeds from issuance of common stock and restricted common stock   5  
Repayment of notes payable (2,600) (400)  
Payments of initial public offering costs (2,928) (821)  
Net cash provided by financing activities 137,725 123,992 944
Net increase (decrease) in cash and cash equivalents (40,252) 112,531 (4,561)
Cash and cash equivalents at beginning of year 114,185 1,654 6,215
Cash and cash equivalents at end of year 73,933 114,185 1,654
Supplemental disclosure of cash flow information:      
Cash paid for interest 163 122 20
Supplemental disclosure of non-cash investing and financing activities:      
Accretion of convertible preferred stock to redemption value   1,291 875
Issuance of preferred stock warrant in connection with notes payable     $ 156
Deferred offering costs included in accounts payable   863  
Property and equipment purchases included in accounts payable and accrued expenses $ 2,953 $ 101