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Consolidated Statements of Cash Flows
$ in Thousands, SFr in Millions
12 Months Ended
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Operating activities      
Net loss $ (23,202) $ (25,828) $ (6,800)
Reconciliation of net loss to net cash used in operating activities:      
Depreciation and amortization expense 925 127 38
Equity-based compensation expense 10,844 3,684 695
Non-cash interest expense 8,050 97  
Unrealized foreign currency remeasurement loss 2 (20) (260)
Gain on extinguishment of convertible loan (11,482)    
Other income - formation of joint venture (78,608)    
Loss from equity method investment 36,380    
Changes in:      
Restricted cash (2,450) (650) (16)
Accounts receivable (2,818) (339)  
Prepaid expenses and other assets (1,071) (620) (12)
Accounts payable and accrued expenses 3,860 7,708 1,583
Deferred revenue 1,917 75,090  
Deferred rent 2,360 165  
Other liabilities, net (17) 14 (21)
Net cash (used in) provided by operating activities (55,310) 59,428 (4,793)
Investing activities      
Purchase of property and equipment (3,016) (1,154)  
Proceeds from contribution of intellectual property to equity method investee 35,000    
Cash investment in equity method investee (100)    
Net cash provided by (used in) investing activities 31,884 (1,154)  
Financing activities      
Proceeds from issuance of common shares in IPO, net of issuance costs 54,061    
Proceeds from issuance of common shares in private placement 35,000    
Proceeds from issuance of common shares     22
Proceeds from exercise of options 34    
Proceeds from issuance of restricted shares   243  
Issuance costs for preferred share financings (1,810) (370) (36)
Proceeds from issuance of convertible loans 35,010 38,239  
Net cash provided by financing activities 183,220 96,733 5,123
Effect of exchange rate changes on cash (235) 9 254
Increase in cash 159,559 155,016 584
Cash, beginning of period 155,961 945 361
Cash, end of period 315,520 155,961 945
Supplemental disclosure of non-cash investing and financing activities      
Property and equipment purchases in accounts payable and accrued expenses 7,014 246  
Property and equipment related to lease incentives 10,785    
Loss on extinguishment of redeemable convertible preferred shares     (745)
Conversion of preferred shares to common shares upon IPO 185,565    
Conversion of Vertex and Bayer convertible loans and accrued interest 61,929    
Issuance costs for public offering in accounts payable and accrued expenses 397    
Contribution of intellectual property to Casebia 36,380    
TRACR Hematology Limited [Member]      
Supplemental disclosure of non-cash investing and financing activities      
Noncontrolling interest upon consolidation of TRACR     547
Series A-2 Redeemable Convertible Preferred Shares [Member]      
Financing activities      
Proceeds from issuance of preferred shares   5,293 5,137
Series A-3 Redeemable Convertible Preferred Shares [Member]      
Financing activities      
Proceeds from issuance of preferred shares 22,850 22,850  
Series B Redeemable Convertible Preferred Shares [Member]      
Financing activities      
Proceeds from issuance of preferred shares $ 38,075 $ 30,478  
Series A-1 Redeemable Convertible Preferred Shares [Member]      
Supplemental disclosure of non-cash investing and financing activities      
Loss on extinguishment of redeemable convertible preferred shares     $ 745