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Consolidated statements of cash flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating activities      
Net loss $ (31,585) $ (50,183) $ (37,002)
Non-cash items and reclassifications:      
Change in fair value of derivative liability (Note 9)     (81)
Stock-based compensation (Note 7(e)) 4,698 3,839 1,966
Unrealized foreign exchange loss and others 741 709 185
Changes in operating assets and liabilities:      
Receivable, prepayments and deposits 1,041 (905) (109)
Accounts payable and other liabilities (6,472) 1,822 4,815
Cash used in operating activities (31,577) (44,718) (30,226)
Investing activities      
Purchase of investments   (5,995) (106,442)
Proceeds from maturity of investments 56,000 70,500 59,097
Purchase of property and equipment (49) (494) (713)
Cash provided by (used in) investing activities 55,951 64,011 (48,058)
Financing activities      
Proceeds from exercise of stock options 602 438 440
Payment on capital lease obligations (32) (15) (4)
Public offering of common stock (Note 7(c))     75,368
Public offering costs (Note 7(c))     (4,692)
Cash provided by financing activities 570 423 71,112
Effect of exchange rate changes on cash and cash equivalents (48) 15 (53)
Net change in cash and cash equivalents during the year 24,896 19,731 (7,225)
Cash and cash equivalents, beginning of year 52,032 32,301 39,526
Cash and cash equivalents, end of year 76,928 52,032 32,301
Supplemental disclosure of cash flow information:      
Interest paid 4 4 1
Interest received $ 1,684 1,342 695
Non-cash investing and financing activities:      
Accrued purchase of property & equipment   (77) 77
Accrued offering costs   $ (30)  
Assets acquired through capital leases     65
Exercise of warrants on a net settlement basis     $ 43