| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||
Net loss | ||||||||
-20,228 | - | - | - | -37,381 | - | - | - | - |
Net loss | ||||||||
- | - | - | - | - | - | -29,286 | -29,781 | -25,283 |
Adjustments to reconcile net loss to net cash (used in) operating activities: | ||||||||
Depreciation and amortization | ||||||||
626 | 653 | 697 | 825 | 525 | 466 | 340 | 366 | 356 |
Gain on disposal of property and equipment | ||||||||
41 | - | - | - | - | - | - | - | - |
Gain on lease modification | ||||||||
2,113 | - | - | - | - | - | - | - | - |
Share-based compensation expense | ||||||||
4,036 | 4,470 | 4,948 | 6,224 | 3,989 | 3,609 | 3,311 | 3,005 | 2,508 |
Changes in operating assets and liabilities: | ||||||||
Related party accounts receivable | ||||||||
-448 | - | - | - | - | - | - | - | - |
Prepaid expenses | ||||||||
-98 | -198 | 386 | 851 | 60 | 167 | -302 | -268 | 19 |
Other current assets | ||||||||
9 | - | - | - | - | -150 | 82 | 80 | -8 |
Operating lease assets | ||||||||
5,502 | - | - | - | - | - | - | - | - |
Other assets | ||||||||
519 | 540 | 0 | -19 | -6 | -11 | -13 | -13 | -18 |
Accounts payable | ||||||||
-1,026 | -2,273 | -1,624 | 676 | 2,890 | - | - | - | - |
Related party accounts payable | ||||||||
-22 | - | - | - | - | - | - | - | - |
Accounts payable | ||||||||
- | - | - | - | - | - | - | - | 1,362 |
Accrued research and development costs | ||||||||
484 | -1,345 | -1,708 | -993 | 982 | 1,353 | 1,151 | 87 | -2,235 |
Operating lease liabilities | ||||||||
-699 | - | - | - | - | - | - | - | - |
Accrued expenses and other current liabilities | ||||||||
-4,713 | 1,979 | 281 | 1,458 | -5,274 | - | - | - | - |
Other liabilities | ||||||||
- | - | - | - | 52 | - | - | - | - |
Accrued expenses and other current liabilities | ||||||||
- | - | - | - | - | - | - | - | -3,144 |
Net cash (used in) operating activities | ||||||||
-29,180 | -22,163 | -23,812 | -21,969 | -34,271 | -23,152 | -25,304 | -22,618 | -26,429 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||
Purchases of property and equipment | ||||||||
1,405 | 174 | 653 | 4,247 | 1,814 | 1,816 | 1,160 | 300 | 162 |
Proceeds from sale of property and equipment | ||||||||
49 | - | - | - | - | - | - | - | - |
Net cash (used in) investing activities | ||||||||
-1,356 | -100 | -554 | -4,247 | -1,814 | -1,816 | -1,160 | -300 | -162 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||
Proceeds from exercises of stock options and ESPP | ||||||||
1 | - | - | - | - | - | - | - | - |
Transfers from Ironwood | ||||||||
- | 0 | 0 | 10,354 | 36,085 | 24,968 | 26,464 | 22,918 | 26,591 |
Net cash provided by financing activities | ||||||||
1 | 145 | 365 | 174,976 | 36,085 | 24,968 | 26,464 | 22,918 | 26,591 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | ||||||||
2 | -21 | 5 | -4 | 0 | - | - | - | - |
Net decrease in cash, cash equivalents and restricted cash | ||||||||
-30,533 | - | - | 148,756 | 0 | - | - | - | - |
Net increase (decrease) in cash and cash equivalents | ||||||||
- | - | - | - | - | - | - | - | 0 |
Supplemental cash flow disclosure: | ||||||||
Cash paid for initial direct costs of lease modification | ||||||||
6,507 | - | - | - | - | - | - | - | - |
Non-cash investing activities | ||||||||
Fixed asset purchases in accounts payable and accrued expenses | ||||||||
39 | - | - | - | 1,029 | - | - | - | 680 |