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Description of Business and Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Schedule of Reconciliation of Cash, Cash Equivalents, and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported on the consolidated balance sheets that sum to amounts reported on the consolidated statement of cash flows (in thousands):

 

 

 

March 31, 2020

 

 

December 31, 2019

 

Cash and cash equivalents

 

$

38,868

 

 

$

29,906

 

Restricted cash

 

 

316

 

 

 

316

 

Total cash, cash equivalents, and restricted cash

 

$

39,184

 

 

$

30,222

 

Schedule of Potentially Dilutive Common Stock Equivalent Securities

The computation of basic and diluted net loss per share for the three months ended March 31, 2020 and 2019 excludes the common stock equivalents of the following potentially dilutive securities because their inclusion would be anti-dilutive while the Company is in a net loss position:

 

 

 

Three months ended March 31,

 

 

 

2020

 

 

2019

 

Vesting of restricted stock units

 

 

522,021

 

 

 

1,314,218

 

Employee stock purchase plan

 

 

144,088

 

 

 

141,568

 

Exercise of common stock options

 

 

14,014,315

 

 

 

10,846,738

 

Conversion of 2024 convertible notes into common stock

 

 

1,666,667

 

 

 

3,629,627

 

Conversion of Mann Group convertible note into common stock

 

 

14,000,000

 

 

 

21,909,541

 

Exercise of common stock warrants

 

 

31,851

 

 

 

31,851

 

Exercise of warrants associated with Midcap Credit Facility

 

 

1,171,614

 

 

 

 

Exercise of warrants associated with public offering

 

 

7,250,000

 

 

 

26,666,667

 

Exercise of warrants associated with direct placement

 

 

 

 

 

14,000,000

 

Total shares

 

 

38,800,556

 

 

 

78,540,210