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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating activities:    
Net loss $ (29,401) $ (23,450)
Adjustments to reconcile net loss to net cash used in operating activities:    
Accretion on marketable securities (625) (57)
Depreciation and amortization expense 55 31
Stock-based compensation expense 1,607 1,583
Changes in operating assets and liabilities:    
Restricted cash (161) (84)
Prepaid expenses and other current assets (1,786) (1,573)
Accounts payable 5,197 3,119
Accrued liabilities (1,263) 2,819
Funding advance   500
Other liabilities (8) 25
Net cash used in operating activities (26,385) (17,087)
Investing activities:    
Purchases of property and equipment (48) (304)
Maturities of marketable securities 67,500  
Purchases of marketable securities (77,104) (74,543)
Net cash used in investing activities (9,652) (74,847)
Financing activities:    
Proceeds from public offering, net of issuance costs 49,748 89,938
Proceeds from at-the-market offering, net of issuance costs 627  
Proceeds from exercise of stock options (9)  
Net cash provided by financing activities 50,366 89,938
Net increase (decrease) in cash and cash equivalents 14,329 (1,996)
Cash and cash equivalents at beginning of period 7,042 53,349
Cash and cash equivalents at end of period 21,371 51,353
Supplemental disclosure of non-cash investing and financing activities:    
Purchases of property and equipment included in accounts payable 11 12
Conversion of redeemable convertible preferred stock into common stock   $ 81,620
Issuance costs associated with at-the-market offering included in accounts payable $ 45