| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | ||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net loss | ||||||
-11,886 | -15,611 | -15,554 | -7,228 | -5,362 | ||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Stock-based compensation expense | ||||||
1,237 | 670 | 483 | 402 | 215 | ||
Non-cash lease expense | ||||||
54 | - | - | - | - | ||
Net amortization of premiums and discounts on short-term investments | ||||||
103 | - | - | - | - | ||
Changes in operating assets and liabilities: | ||||||
Prepaid expenses and other assets | ||||||
-724 | -590 | 1,794 | -500 | -197 | ||
Accounts payable | ||||||
588 | 854 | -1,597 | 881 | -564 | ||
Accrued expenses and other current liabilities | ||||||
-1,931 | - | - | - | 70 | ||
Net cash used in operating activities | ||||||
-11,317 | -11,649 | -13,212 | -5,322 | -5,444 | ||
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
Purchase of short-term marketable securities | ||||||
24,781 | - | - | - | - | ||
Proceeds from maturities of short-term marketable securities | ||||||
18,500 | - | - | - | - | ||
Net cash used in investing activities | ||||||
-6,281 | - | - | - | - | ||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
Proceeds from the exercise of stock options | ||||||
112 | - | - | - | - | ||
Proceeds from the disgorgment of stockholders' short-swing profits, net | ||||||
52 | - | - | - | - | ||
Payment of initial public offering costs | ||||||
- | - | - | - | 720 | ||
Net cash provided by (used in) financing activities | ||||||
164 | 115 | -1,607 | 98,200 | -720 | ||
Net decrease in cash, cash equivalents and restricted cash | ||||||
-17,434 | -83,047 | -14,819 | 92,878 | -6,164 | ||
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING INFORMATION: | ||||||
Net unrealizable gain on marketable securities | ||||||
51 | - | - | - | - | ||
Deferred offering costs included in accounts payable and accrued expenses and other current liabilities | ||||||
- | - | - | 1,072 | 556 | ||