XML 18 R7.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net loss $ (21,109) $ (28,132)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,335 1,599
Loss on disposal of equipment 8 5
Noncash interest expense 72 93
Share-based compensation 2,966 689
Change in fair value of derivative liability 556 96
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (1,379) 228
Other long-term assets 25 (26)
Accounts payable 194 (1,103)
Accrued expenses (1,848) 401
Settlement of derivative liability (1,050)  
Net cash used in operating activities (20,230) (26,150)
Cash flows from investing activities:    
Purchases of property and equipment (23) (281)
Proceeds from sale of equipment 55  
Net cash provided by (used in) investing activities 32 (281)
Cash flows from financing activities:    
Proceeds from issuance of common units 60,482  
Issuance costs from issuance of common units (6,319)  
Repayment of borrowings under loan (3,750)  
Net cash provided by financing activities 50,413  
Net change in cash, cash equivalents and restricted cash 30,215 (26,431)
Cash, cash equivalents and restricted cash at beginning of period 25,566 57,773
Cash, cash equivalents and restricted cash at end of period 55,781 31,342
Supplemental disclosure of cash flow information    
Cash paid for interest 686 $ 851
Supplemental disclosure of financing activities    
Conversion of preferred units 129,870  
Deferred offering costs included in accrued expenses $ (116)