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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flow from operating activities    
Net loss $ (17,670) $ (12,954)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 1,674 656
Depreciation and amortization 953 828
Share of loss from equity method investee 431 226
Amortization of premiums on investments (747) 0
Other non-operating income 0 (59)
Changes in operating assets and liabilities    
Amounts owed by a related party 83 (29)
Other long-term assets (30) 0
Prepaid expenses and other current assets (759) (693)
Accounts payable (517) (306)
Accrued liabilities 1,606 410
Other current liabilities 14 9
Deferred revenue (1,750) (1,250)
Deferred rent (127) (85)
Net cash used in operating activities (16,839) (13,247)
Cash flow from investing activities    
Purchases of short-term and long-term investments (72,407) (41,084)
Proceeds from maturities of short-term and long-term investments 87,314 25,647
Purchases of property and equipment (628) (1,054)
Net cash provided by (used in) investing activities 14,279 (16,491)
Cash flow from financing activities    
Repurchase of unvested shares of stock (5) 0
Proceeds from initial public offering, net of issuance costs 0 126,259
Proceeds from issuance of common stock upon exercise of stock options, net of repurchases 0 3,304
Payment of preferred stock issuance costs 0 (135)
Net cash provided by financing activities (5) 129,428
Net decrease (increase) in cash and cash equivalents (2,565) 99,690
Cash, cash equivalents and restricted cash at beginning of period 71,267 98,629
Cash, cash equivalents and restricted cash at end of period 68,702 198,319
Non-cash investing and financing activities:    
Unpaid financing cost included in accounts payable and accrued liabilities 0 1,170
Unpaid portion of property and equipment purchases included in accounts payable and accrued liabilities 380 695
Vesting of early exercised stock options and restricted stock $ 273 $ 278