| 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 | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Net loss | ||||||||
- | - | - | - | - | - | 0 | 0 | 0 |
Adjustments to reconcile net loss to net cash (used in) operating activities: | ||||||||
Depreciation and amortization | ||||||||
2,801 | 2,700 | 2,513 | 2,156 | 1,697 | 1,528 | 0 | 0 | 0 |
Gain on disposal of property and equipment | ||||||||
0 | - | - | - | - | - | - | - | - |
Gain on lease modification | ||||||||
0 | - | - | - | - | - | - | - | - |
Share-based compensation expense | ||||||||
19,678 | 19,631 | 18,770 | 17,133 | 13,914 | 12,433 | 0 | 0 | 0 |
Changes in operating assets and liabilities: | ||||||||
Related party accounts receivable | ||||||||
0 | - | - | - | - | - | - | - | - |
Prepaid expenses | ||||||||
941 | 1,099 | 1,464 | 776 | -343 | -384 | 0 | 0 | 0 |
Other current assets | ||||||||
0 | - | - | - | - | 4 | 0 | 0 | 0 |
Operating lease assets | ||||||||
0 | - | - | - | - | - | - | - | - |
Other assets | ||||||||
1,040 | 515 | -36 | -49 | -43 | -55 | 0 | 0 | 0 |
Accounts payable | ||||||||
-4,247 | -331 | 0 | 0 | 0 | - | - | - | - |
Related party accounts payable | ||||||||
0 | - | - | - | - | - | - | - | - |
Accounts payable | ||||||||
- | - | - | - | - | - | - | - | 0 |
Accrued research and development costs | ||||||||
-3,562 | -3,064 | -366 | 2,493 | 3,573 | 356 | 0 | 0 | 0 |
Operating lease liabilities | ||||||||
0 | - | - | - | - | - | - | - | - |
Accrued expenses and other current liabilities | ||||||||
-995 | -1,556 | 0 | 0 | 0 | - | - | - | - |
Other liabilities | ||||||||
- | - | - | - | 0 | - | - | - | - |
Accrued expenses and other current liabilities | ||||||||
- | - | - | - | - | - | - | - | 0 |
Net cash (used in) operating activities | ||||||||
-97,124 | -102,215 | -103,204 | -104,696 | -105,345 | -97,503 | 0 | 0 | 0 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||
Purchases of property and equipment | ||||||||
6,479 | 6,888 | 8,530 | 9,037 | 5,090 | 3,438 | 0 | 0 | 0 |
Proceeds from sale of property and equipment | ||||||||
0 | - | - | - | - | - | - | - | - |
Net cash (used in) investing activities | ||||||||
-6,257 | -6,715 | -8,431 | -9,037 | -5,090 | -3,438 | 0 | 0 | 0 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||
Proceeds from exercises of stock options and ESPP | ||||||||
0 | - | - | - | - | - | - | - | - |
Transfers from Ironwood | ||||||||
- | 46,439 | 71,407 | 97,871 | 110,435 | 100,941 | 0 | 0 | 0 |
Net cash provided by financing activities | ||||||||
175,487 | 211,571 | 236,394 | 262,493 | 110,435 | 100,941 | 0 | 0 | 0 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | ||||||||
-18 | -20 | 0 | 0 | 0 | - | - | - | - |
Net decrease in cash, cash equivalents and restricted cash | ||||||||
0 | - | - | 0 | 0 | - | - | - | - |
Net increase (decrease) in cash and cash equivalents | ||||||||
- | - | - | - | - | - | - | - | 0 |
Supplemental cash flow disclosure: | ||||||||
Cash paid for initial direct costs of lease modification | ||||||||
0 | - | - | - | - | - | - | - | - |
Non-cash investing activities | ||||||||
Fixed asset purchases in accounts payable and accrued expenses | ||||||||
0 | - | - | - | 0 | - | - | - | 0 |