XML 17 R6.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities    
Net loss $ (41,924) $ (31,130)
Adjustments to reconcile net loss to net cash used in operating activities:    
Non-cash other expense, net (3) 91
Non-cash interest income 28 (50)
Non-cash interest expense 371  
Depreciation and amortization expense 245 262
Amortization of right-of-use assets 211  
Stock-based compensation 3,728 2,011
Other, net (20) (5)
Changes in operating assets and liabilities:    
Changes in long-term receivables (282) (3)
Changes in other receivables and prepaid expenses 392 (2,510)
Changes in accounts payable (346) (2,241)
Changes in accrued expenses and other liabilities (4,106) (142)
Changes in other non-current liabilities (52) 33
Changes in income tax liabilities 10 324
Net cash used in operating activities (41,748) (33,360)
Cash flows from investing activities    
Purchases of plant and equipment and intangible assets (57) (168)
Purchases of available-for-sale securities (15,000)  
Purchases of term deposits   (115)
Net cash used in investing activities (15,057) (283)
Cash flows from financing activities    
Proceeds from at the market facility 13,592 22,784
Proceeds from long-term debt 80 410
Proceeds from employee share purchase plan 170  
Equity transaction costs (414) (976)
Net cash provided by financing activities 13,428 22,218
Effects of foreign currency translation on cash and cash equivalents 40 (91)
Net decrease in cash and cash equivalents (43,337) (11,516)
Cash and cash equivalents at beginning of period 102,003 86,769
Cash and cash equivalents at end of period 58,666 75,253
Supplemental disclosures of cash flow information    
Interest paid 1,109  
Equity transaction costs incurred in prior periods and paid in current period 18 28
Equity transaction costs included in accounts payable and accrued expenses $ 498 $ 119