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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Cash Flows from Operating Activities:      
Net income (loss) $ 41,564 $ (6,480)  
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Depreciation 31 49  
Share-based compensation 407 326  
Change in fair value of contingent consideration (53,700) (1,000)  
Changes in operating assets and liabilities:      
Prepaid expenses and other assets 4,011 (1,912)  
Accounts payable 166 316  
Accrued expenses and other liabilities (1,317) 709  
Net Cash Used in Operating Activities (8,838) (7,992) $ (37,500)
Cash Flows from Investing Activities:      
Net Cash Used in Investing Activities 0 0  
Cash Flows from Financing Activities:      
Proceeds from issuance of common stock under ATM Offering, net of issuance costs 3,179 0  
Proceeds from sales of common stock under 2014 ESPP 1 7  
Net Cash Provided by Financing Activities 3,180 7  
Net Decrease in Cash, Cash Equivalents and Restricted Cash (5,658) (7,985)  
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 48,141 50,442 50,442
Cash, Cash Equivalents and Restricted Cash - End of Period 42,483 42,457 $ 48,141
Supplemental disclosure of non-cash operating activities:      
Right-of-use assets related to the adoption of ASC 842 0 236  
Cash paid for amounts included in the measurement of lease liabilities $ 38 $ 38