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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities:    
Net loss $ (23,450) $ (7,414)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of discount on marketable securities (57)  
Depreciation and amortization expense 31  
Stock-based compensation expense 1,583 210
Expense related to acquisition of intellectual property (see Note 6)   3,157
Changes in operating assets and liabilities:    
Restricted cash (84)  
Prepaid expenses and other current assets (1,573) (532)
Accounts payable 3,119 2,247
Accrued liabilities 2,819 193
Funding advance 500  
Other liabilities 25  
Net cash used in operating activities (17,087) (2,139)
Investing activities:    
Purchases of property and equipment (304) (51)
Purchases of marketable securities (74,543)  
Net cash used in investing activities (74,847) (51)
Financing activities:    
Proceeds from issuance of Series A redeemable convertible preferred stock   5,500
Proceeds from initial public offering, net of issuance costs 89,938  
Net cash provided by financing activities 89,938 5,500
Net (decrease) increase in cash and cash equivalents (1,996) 3,310
Cash and cash equivalents at beginning of period 53,349  
Cash and cash equivalents at end of period 51,353 $ 3,310
Supplemental disclosure of non-cash investing and financing activities:    
Purchases of property and equipment included in accounts payable 12  
Conversion of redeemable convertible preferred stock into common stock $ 81,620