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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating activities    
Net loss $ (53,298) $ (30,079)
Adjustments to reconcile net loss to net cash used for operating activities:    
Share-based compensation expense 10,804 9,330
Third party share-based compensation expense 167 1,013
Depreciation expense 510 209
Loss on disposal of equipment 75 0
Changes in operating assets and liabilities:    
Restricted cash 37 (200)
Prepaid clinical expenses 118 1,168
Prepaid expenses and other current assets (778) (347)
Other assets (149) (57)
Accounts payable (508) 1,837
Accrued expenses 2,693 219
Accrued payroll and related expenses 231 205
Net cash used for operating activities (40,098) (16,702)
Investing activities    
Purchase of property and equipment (1,419) (1,681)
Net cash used for investing activities (1,419) (1,681)
Financing activities    
Net proceeds from the issuance of common stock 0 104,596
Net proceeds from the exercise of stock options for common stock 85 287
Net cash provided by financing activities 85 104,883
Net decrease in cash and cash equivalents (41,432) 86,500
Cash and cash equivalents at beginning of period 126,467 48,555
Cash and cash equivalents at end of period 85,035 135,055
Series C-1 Convertible Preferred Stock [Member]    
Non-cash investing and financing activity:    
Conversion of stock 0 11
Series F Convertible Preferred Stock [Member]    
Non-cash investing and financing activity:    
Conversion of stock $ 0 $ 61