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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash Flows from Operating Activities:    
Net loss $ (47,731) $ (51,058)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 4,454 9,165
Issuance of common stock for services rendered 77 119
Accretion of discounts and premiums on investments   94
Depreciation and amortization expense 395 559
Loss on disposal or impairment of property and equipment 497  
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 1,881 (1,639)
Accounts payable, accrued expenses, and other liabilities 455 (393)
Deferred revenue (472) (606)
Net cash used in operating activities (40,444) (43,759)
Cash Flows from Investing Activities:    
Proceeds from maturity of available-for-sale securities   26,870
Proceeds from the sale of property and equipment 193  
Purchases of property and equipment (71) (100)
Net cash provided by investing activities 122 26,770
Cash Flows from Financing Activities:    
Proceeds from employee stock purchases 205 184
Proceeds from exercise of common stock options and warrants 10,166 304
Payments on note payable (209) (216)
Payments on capital leases (7) (9)
Net cash provided by financing activities 10,155 263
Net decrease in cash, cash equivalents and restricted cash (30,167) (16,726)
Cash, cash equivalents and restricted cash, beginning of period 112,940 80,978
Cash, cash equivalents and restricted cash, end of period $ 82,773 $ 64,252