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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities    
Net loss $ (6,480,000) $ (3,963,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 49,000 49,000
Stock-based compensation expense 326,000 401,000
Change in fair value of warrant liability 0 0
Gain from change in fair value of contingent consideration (1,000,000) (1,200,000)
Gain on sale of equipment 0 (5,000)
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (1,912,000) (236,000)
Accounts payable 316,000 486,000
Accrued expenses and other liabilities 709,000 85,000
Net cash used in operating activities (7,992,000) (4,383,000)
Investing activities    
Sales of equipment 0 5,000
Net cash provided by investing activities 0 5,000
Financing activities    
Proceeds from issuance of common stock and the issuance and exercise of common stock warrants, net of issuance costs 0 9,376,000
Proceeds from sale of common stock pursuant to 2014 ESPP 7,000 10,000
Net cash provided by financing activities 7,000 9,386,000
Net increase (decrease) in cash, cash equivalents and restricted cash (7,985,000) 5,008,000
Cash, cash equivalents and restricted cash at beginning of period 50,442,000 14,690,000
Cash, cash equivalents and restricted cash at end of period 42,457,000 19,698,000
Supplemental non-cash operating activities    
Right-of-use assets obtained in exchange for new operating lease 236,480,000 0
Cash paid for amounts included in the measurement of liabilities $ 38,202,000 $ 0