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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
OPERATING ACTIVITIES:    
Net loss $ (15,002) $ (20,774)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 531 415
Amortization of right-of-use operating lease asset 544  
Share-based compensation expense 1,185 753
Non-cash interest expense 105  
Gain (loss) from equity-method investment 15 (47)
Changes in operating assets and liabilities    
Accounts receivable 1,856 (643)
Prepaid expense and other assets (1,973) 611
Accounts payable 1,489 938
Accrued liabilities 1,432 9
Deferred revenue 10,941 3,647
Net cash provided by (used in) operating activities 1,093 (14,997)
INVESTING ACTIVITIES:    
Proceeds from maturities of short-term investments   30,211
Purchases of short-term investments   (9,093)
Acquisition of property and equipment (503) (1,253)
Net cash (used in) provided by investing activities (503) 19,865
FINANCING ACTIVITIES:    
Proceeds from the issuance of restricted common stock and option, net of issuance costs 15,545  
Proceeds from the issuance of common stock, net of issuance costs 21,278  
Proceeds from exercise of stock options 50 332
Net cash provided by financing activities 36,873 332
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 37,463 5,200
Cash, cash equivalents and restricted cash at beginning of the period 36,816 25,238
Cash, cash equivalents and restricted cash at end of the period 74,279 30,438
Supplemental disclosure of cash flow information    
Cash paid for interest 508  
Non-cash investing activities    
Right-of-use asset obtained in exchange for lease liabilities 5,868  
Sale of intangible assets for equity investment   590
Release of repurchase liability for restricted shares   37
Purchase of property and equipment in accounts payable $ 126 $ 177