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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net loss $ (21,437) $ (17,831)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 300 309
Amortization of intangible assets 333 333
Stock-based compensation 5,060 6,595
Net premium amortization on investments (291) (51)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (1,129) (749)
Accounts payable 305 720
Accrued expenses 282 130
Other asset (2,726)  
Other current and long-term liabilities 2,279 (194)
Net cash used in operating activities (17,024) (10,738)
Cash flows from investing activities:    
Purchases of property and equipment (112) (171)
Purchases of investments (55,068) (29,110)
Maturities of investments 32,000 18,315
Sales of investments   24,875
Net cash provided by (used in) investing activities (23,180) 13,909
Cash flows from financing activities:    
Proceeds from issuance of common stock under employee stock purchase plan 222 188
Tax payments related to shares withheld for vested restricted stock units (613) (115)
Proceeds from exercises of stock options 272 164
Net cash provided by (used in) financing activities (119) 237
Net increase (decrease) in cash and cash equivalents (40,323) 3,408
Cash and cash equivalents at beginning of period 51,103 3,386
Cash and cash equivalents at end of period 10,780 6,794
Supplemental disclosure of noncash investing and financing activities:    
Change in unrealized gains (losses) on available-for-sale securities $ 23 $ 51