| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||
Net Income (Loss) Attributable to Parent | ||||||
-97,336 | -61,656 | -30,070 | -4,259 | -5,405 | ||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation and amortization | ||||||
514 | 315 | 183 | 233 | 274 | ||
Stock-based compensation | ||||||
12,411 | 9,961 | 4,378 | 1,160 | 604 | ||
Fair Value Adjustment of Warrants | ||||||
0 | 0 | 1,366 | 756 | 1,277 | ||
Accretion/amortization of investments, net | ||||||
2,633 | 1,233 | -11 | 0 | - | ||
(Income) loss from investments | ||||||
- | - | - | - | 0 | ||
Non-cash interest expense | ||||||
-676 | -646 | -619 | -105 | -110 | ||
Income taxes | ||||||
0 | 139 | 0 | -139 | 139 | ||
Loss on disposal of property and equipment | ||||||
- | - | - | -1 | -3 | ||
Changes in operating assets and liabilities: | ||||||
Receivable from collaborative partners | ||||||
0 | 0 | -1,225 | -1 | -229 | ||
Australian tax incentive receivable | ||||||
-174 | -1,427 | -2,517 | 4,118 | 0 | ||
Prepaid expenses and other assets | ||||||
-2,178 | 5,188 | 1,885 | 1,079 | -204 | ||
Accounts payable and other liabilities | ||||||
14,499 | 7,083 | 2,218 | 1,251 | 1,949 | ||
Deferred revenue | ||||||
- | - | - | -2,942 | -9,078 | ||
Net cash used in operating activities | ||||||
-69,517 | -48,506 | -19,438 | -9,030 | -9,694 | ||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||
Acquisition of investments | ||||||
251,815 | 347,537 | 290,905 | 0 | 0 | ||
Sales and maturities of investments | ||||||
384,051 | 206,149 | 48,137 | 0 | 0 | ||
Purchases of property and equipment | ||||||
805 | 1,063 | 290 | 50 | 238 | ||
Net cash provided by investing activities | ||||||
131,431 | -142,451 | -243,058 | -50 | -238 | ||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||
Proceeds from Issuance of Common Stock | ||||||
0 | 227,476 | 292,537 | 0 | 0 | ||
Proceeds from issuance of common stock, upon the exercise of stock options | ||||||
3,000 | 2,869 | 979 | 31 | 160 | ||
Proceeds from the issuance of preferred stock, net of issuance cost | ||||||
- | - | - | - | 40,688 | ||
Proceeds from issuance of common stock, upon the exercise of warrants | ||||||
0 | 76 | 536 | 0 | 0 | ||
Payments on notes payable | ||||||
7,500 | 6,875 | 0 | 0 | - | ||
Proceeds from debt | ||||||
- | - | - | 10,000 | 0 | ||
Payments for repurchase of common stock | ||||||
- | - | - | 1 | 0 | ||
Payments for offering costs, net | ||||||
0 | 182 | 1,599 | 1,147 | 1,445 | ||
Payments for debt issuance costs | ||||||
- | - | - | 255 | 0 | ||
Net cash used in financing activities | ||||||
-4,493 | 223,364 | 292,453 | 8,628 | 39,403 | ||
Net decrease in cash, cash equivalents, and restricted cash | ||||||
57,421 | 32,407 | 29,957 | -452 | 29,471 | ||
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | ||||||
Interest paid | ||||||
424 | 1,043 | 1,089 | 354 | 326 | ||
Non-cash investing and financing activities: | ||||||
Fair value of warrants issued with debt | ||||||
- | - | - | 936 | 0 | ||
Amounts accrued for property and equipment | ||||||
41 | 159 | 191 | 104 | 11 | ||
Amounts accrued for offering costs | ||||||
0 | 0 | 37 | 849 | 760 | ||
Reclassification of warrants to equity | ||||||
0 | 0 | 4,607 | 0 | 297 | ||