XML 17 R7.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities    
Net loss $ (17,460) $ (13,169)
Reconciliation of net loss to net cash used in operating activities:    
Non-cash items 733 889
Changes in assets and liabilities:    
Prepaid expenses and other current assets 994 456
Other assets 85 (25)
Right-of-use asset-operating 134 (9)
Accounts payable (26) (160)
Accrued expenses 1,085 (256)
Other liabilities   (51)
Net cash used in operating activities (14,455) (12,325)
Investing activities    
Purchases of short-term investments (42,777) (88,506)
Sales and maturities of short-term investments 67,110 74,277
Purchases of property and equipment (23)  
Net cash provided by (used in) investing activities 24,310 (14,229)
Financing activities    
Proceeds from public offerings, net of issuance costs 24,559 18,505
Proceeds from at-the-market offering, net of issuance costs 7,330 2,315
Proceeds from exercise of common stock warrants   55
Net cash provided by financing activities 31,889 20,875
Net increase (decrease) in cash, cash equivalents and restricted cash 41,744 (5,679)
Cash, cash equivalents and restricted cash, beginning of period 10,376 15,407
Cash, cash equivalents and restricted cash, end of period $ 52,120 9,728
Non-cash financing activities:    
At-the-market offering issuance costs included in current liabilities   $ 141