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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net loss $ (30,079) $ (14,464)
Adjustments to reconcile net loss to net cash used for operating activities:    
Share-based compensation expense 9,330 6,595
Third party share-based compensation expense 1,013 0
Depreciation expense 209 10
Changes in operating assets and liabilities:    
Restricted Cash (200) 0
Prepaid clinical expenses 1,168 0
Prepaid expenses and other current assets (347) (110)
Other assets (57) 0
Accounts payable 1,837 (151)
Accrued expenses 219 713
Accrued payroll and related expenses 205 (68)
Net cash used for operating activities (16,702) (7,475)
Investing activities    
Purchase of property and equipment (1,681) (86)
Net cash used for investing activities (1,681) (86)
Financing activities    
Net proceeds from the issuance of common stock 104,596 53,063
Net proceeds from the exercise of stock options for common stock 287 0
Net cash provided by financing activities 104,883 53,063
Net increase in cash and cash equivalents 86,500 45,502
Cash and cash equivalents at beginning of period 48,555 8,629
Cash, cash equivalents at end of period 135,055 54,131
Series C-1 Convertible Preferred Stock [Member]    
Non-cash investing and financing activity:    
Conversion of stock 11 0
Series F Convertible Preferred Stock [Member]    
Non-cash investing and financing activity:    
Conversion of stock 61 452
Series C-1 and D-1 Convertible Preferred Stock [Member]    
Non-cash investing and financing activity:    
Conversion of stock $ 0 $ 3,099