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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating activities      
Net loss $ (50,384,176) $ (37,512,212) $ (18,021,737)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation of property and equipment 545,705 198,224 125,774
Amortization of intangible assets 2,422 781 733
Share-based compensation 9,931,106 4,925,278 2,701,404
Share of loss from equity method investment 249,652    
Loss on disposal of property and equipment 12,961   38,417
Change in fair value of warrants (200,000) 1,920,000 1,980,000
Changes in operating assets and liabilities:      
Prepayments and other current assets (810,979) (74,507) 33,713
Long term deposits (38,845) (267,980)  
Value added tax recoverable (3,685,216) (1,376,921)  
Accounts payable 8,444,347 (929,716) 1,287,687
Other payables 1,950,152 242,187 327,500
Deferred income 1,615,690 716,835 61,599
Net cash used in operating activities (32,367,181) (32,158,031) (11,464,910)
Cash flows from investing activities:      
Purchase of cost method investment   (500,000)  
Disposal of cost method investment 500,000    
Purchase of equity method investment (1,900,000)    
Purchase of property and equipment (9,102,330) (2,223,882) (738,470)
Disposal of property and equipment 82,789    
Purchase of intangible assets (14,690) (5,615)  
Net cash used in investing activities (10,434,231) (2,729,497) (738,470)
Cash flows from financing activities:      
Proceed from issuance of convertible preferred shares, net of issuance cost 29,100,000 106,200,000 18,278,572
Proceeds from exercise of warrants 1,000,000    
Proceeds from exercises of stock options 65,500    
Proceeds from issuance of ordinary shares upon initial public offering 160,424,994    
Payment of initial public offering costs (2,730,299)    
Net cash provided by financing activities 187,860,195 106,200,000 18,278,572
Effect of foreign exchange rate changes on cash and cash equivalents 652,595 (524,398) (66,770)
Net increases in cash and cash equivalents 145,711,378 70,788,074 6,008,422
Cash and cash equivalents - beginning of the year 83,948,770 13,160,696 7,152,274
Cash and cash equivalents - end of the year 229,660,148 $ 83,948,770 $ 13,160,696
Supplemental disclosure on non-cash investing and financing activities:      
Payables for purchase of property and equipment 413,657    
Payables for initial public offering costs 40,000    
Conversion of convertible preferred shares 163,607,144    
Exercise of warrants $ 3,700,000