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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities    
Net loss $ (14,131) $ (14,850)
Reconciliation of net loss to net cash used in operating activities:    
Depreciation and amortization 105 165
Stock-based compensation expense 924 986
Accretion of discount/premium on investment securities   25
Non-cash interest expense 33 94
Gain on disposal of property and equipment (148) (30)
Services received in non-monetary exchange 5  
Changes in assets and liabilities:    
Prepaid expenses and other current assets 641 109
Accounts payable (402) 650
Accrued expenses 547 (952)
Deferred rent 5 18
Net cash used in operating activities (12,421) (13,785)
Investing activities    
Sales and maturities of available-for-sale securities   14,910
Purchases of property and equipment   (39)
Proceeds from sale of property and equipment 8 30
Net cash provided by investing activities 8 14,901
Financing activities    
Proceeds from initial public offering, net of issuance costs 39,325  
Proceeds from at-the-market offering, net of issuance costs 8,313 6,301
Proceeds from exercise of common stock options and warrants 4 23
Payments on borrowing (1,667) (1,667)
Net cash provided by financing activities 45,975 4,657
Net increase in cash, cash equivalents and restricted cash 33,562 5,773
Cash, cash equivalents and restricted cash, beginning of period 16,482 23,709
Cash, cash equivalents and restricted cash, end of period 50,044 29,482
Supplemental disclosure of cash flow information    
Cash paid for interest 68 $ 195
Non-cash financing activities    
Public offering issuance costs in current liabilities $ 414