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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net loss $ (34,360) $ (16,538)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 567 497
Equity-based compensation 3,057 689
Amortization of deferred rent 190 (155)
Deferred payroll tax credit 199  
Other 95 35
Change in operating assets and liabilities:    
Prepaid expenses and other current assets (1,108) (1,704)
Accounts payable 294 1,656
Accrued expenses 543 (159)
Net cash used in operating activities (30,523) (15,679)
Cash flows from investing activities:    
Purchase of property and equipment (791) (247)
Sales and maturities of marketable securities 1,499 12,014
Net cash provided by investing activities 708 11,767
Cash flows from financing activities:    
Principal payments on loan payable (500) (500)
Proceeds from initial public offering of common stock, net of issuance costs 77,839  
Payment of capital lease obligation (2)  
Proceeds from stock option exercises 3  
Proceeds from issuance of Series B convertible preferred units   4,285
Net cash provided by financing activities 77,340 3,785
Net increase (decrease) in cash and cash equivalents and restricted cash 47,525 (127)
Cash and cash equivalents and restricted cash, beginning of period 56,666 10,238
Cash and cash equivalents and restricted cash, end of period 104,191 10,111
Supplemental disclosure of non‑cash items:    
Property and equipment purchases in accounts payable and accrued liabilities 177 59
Supplemental cash flow information:    
Cash paid for interest 27 $ 41
Purchase under capital lease $ 44