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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) income $ (33,693) $ (29,029) $ 1,891
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:      
Depreciation 208 285 178
Non-cash interest expense 0 0 26
Stock-based compensation expense 1,283 1,381 4,013
Change in fair value of warrant liability 0 (5) (110)
Loss (gain) from change in fair value of contingent consideration 8,800 9,100 (1,100)
Loss on extinguishment of debt 0 0 221
Gain on sale of equipment (5) (108) (24)
Changes in operating assets and liabilities:      
Prepaid expenses and other assets (913) 164 800
Accounts payable 460 (760) (742)
Accrued expenses and other liabilities 1,031 1,746 (1,936)
Deferred revenue 0 (425) 19
Due to related party 0 (114) (698)
Net cash (used in) provided by operating activities (22,829) (17,765) 2,538
Investing activities      
Cash acquired in acquisition 0 0 136
Sales (purchases) of property and equipment (2) 98 325
Net cash provided by (used in) investing activities (2) 98 461
Financing activities      
Payments on equipment financing and notes payable 0 0 (14,124)
Proceeds from issuance of common stock and common stock warrants, net of issuance costs 58,286 6,908 0
Proceeds from exercise of common stock options and common stock warrants 277 85 269
Proceeds from sale of common stock pursuant to ESPP 20 12 35
Net cash provided by (used in) financing activities 58,583 7,005 (13,820)
Net decrease in cash, cash equivalents and restricted cash 35,752 (10,662) (10,821)
Cash, cash equivalents and restricted cash at beginning of period 14,690 25,352 36,173
Cash, cash equivalents and restricted cash at end of period 50,442 14,690 25,352
Supplemental non-cash investing and financing activities      
Common stock issued in connection with the acquisition (Note 3) 0 0 13,525
Fair value of assets acquired in the acquisition, excluding cash 0 0 79,366
Fair value of liabilities assumed in the acquisition 0 0 19,777
Adjustment to fair value of assets acquired and liabilities assumed during provisional period (Note 3) 0 14,600 0
Issuance of warrants to purchase common stock 0 2,679 0
Supplemental cash flow information      
Cash paid for interest $ 0 $ 0 $ 663