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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash Flows from Operating Activities:      
Net loss $ (112,662) $ (56,515) $ (59,881)
Adjustments to reconcile net loss to net cash used in operating activities:      
Stock-based compensation 3,641 3,845 5,674
Warrant liability revaluation loss 3,742 598  
Future tranche right liability revaluation loss 72,367 10,964  
Issuance of common stock for services rendered 243 129 97
Accretion of discounts on short-term investments (46) (372)  
Depreciation and amortization expense 61 120 432
(Gain) loss on disposal of property and equipment   (10) 477
Changes in operating assets and liabilities:      
Prepaid expenses and other assets 500 (2,160) 2,717
Accounts payable, accrued expenses, and other liabilities (1,629) (1,105) (866)
Deferred revenue     (566)
Other 11 8  
Net cash used in operating activities (33,772) (44,498) (51,916)
Cash Flows from Investing Activities:      
Purchases of available-for-sale securities (12,178) (44,502)  
Proceeds from maturity of available-for-sale securities 10,499 42,100  
Proceeds from the sale of property and equipment   11 290
Purchases of property and equipment (8) (11) (75)
Net cash (used in) provided by investing activities (1,687) (2,402) 215
Cash Flows from Financing Activities:      
Proceeds from private placement   10,072  
Proceeds from common stock financings, net 28,758 5,298  
Proceeds from employee stock purchases 113 121 243
Proceeds from exercise of common stock options and warrants 15 3 10,166
Payments on note payable and seller-financed purchases (217)   (209)
Other   (6) (8)
Net cash provided by financing activities 28,669 15,488 10,192
Net decrease in cash and cash equivalents (6,790) (31,412) (41,509)
Cash and cash equivalent, beginning of period 40,019 71,431 112,940
Cash and cash equivalents, end of period 33,229 40,019 71,431
Supplemental disclosure of cash flow information:      
Cash paid for interest 3   9
Increase to operating lease right-of-use asset upon adoption of ASC 842   1,236  
Increase to operating lease right-of-use assets upon acquisition 54    
Increase to lease liability upon adoption of ASC 842   1,236  
Increase to operating lease liability upon acquisition 54    
Supplemental disclosure of non-cash financing and investing activities:      
Offering costs in accounts payable and accrued expenses 112 $ 165 $ 101
Non-cash seller-financed purchases $ 652