| 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 | ||||||||
-22,824 | -18,980 | 6,931 | -14,053 | -11,733 | -9,854 | -10,614 | -11,381 | -8,876 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||
Depreciation and amortization | ||||||||
27 | 24 | 20 | 18 | 15 | 16 | 16 | 14 | 10 |
Stock-based compensation expense | ||||||||
1,927 | 1,648 | 1,595 | 1,166 | 964 | 825 | 694 | 619 | 388 |
Amortization of debt discount and issuance costs | ||||||||
204 | - | - | - | - | - | - | - | - |
Accrued interest on Convertible Promissory Notes payable | ||||||||
- | - | - | - | - | 0 | 0 | 0 | 48 |
Change in fair value of derivative liability | ||||||||
62 | - | - | - | - | 0 | 0 | 0 | 100 |
Change in fair value of redeemable convertible preferred stock warrant liability | ||||||||
- | - | - | - | - | 0 | 0 | -2,665 | 37 |
Amortization of debt discount | ||||||||
- | - | - | - | - | 0 | 0 | 0 | 963 |
Loss on disposal of asset | ||||||||
- | 4 | -56 | -9 | 2 | - | - | - | - |
Changes in assets and liabilities: | ||||||||
Related party receivable | ||||||||
40 | 2 | -114 | 125 | 38 | 5 | 8 | -55 | 9 |
Prepaid expenses and other current assets | ||||||||
-726 | -725 | 1,475 | 1,768 | 371 | -1,459 | 1,003 | 1,621 | 140 |
Other assets | ||||||||
81 | 254 | 2,835 | 900 | 1,719 | 770 | -6 | -753 | 741 |
Accounts payable | ||||||||
821 | -416 | 1,725 | -1,370 | 1,256 | -462 | 695 | 55 | 1,102 |
Accrued expenses and other liabilities | ||||||||
418 | 685 | 4,899 | 1,062 | 1,369 | -862 | 1,632 | -900 | 1,546 |
Related party payable | ||||||||
7 | -56 | 28 | -63 | 151 | 50 | -325 | 204 | -45 |
Net cash used in operating activities | ||||||||
-18,877 | -16,505 | 10,989 | -16,024 | -10,108 | -9,596 | -8,907 | -8,907 | -5,891 |
Cash Flows From Investing Activities: | ||||||||
Purchases of property and equipment | ||||||||
51 | - | - | - | - | 6 | 15 | 15 | 114 |
Net cash used in investing activities | ||||||||
-51 | - | - | - | - | -6 | -15 | -15 | -114 |
Cash Flows From Financing Activities: | ||||||||
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs | ||||||||
- | - | - | - | - | 0 | 0 | 48,000 | 15,875 |
Proceeds from issuance of Convertible Promissory Notes payable | ||||||||
- | - | - | - | - | 0 | 0 | 0 | 10,000 |
Proceeds from issuance of common stock upon exercise of stock options and restricted stock | ||||||||
192 | - | - | - | 25 | - | - | - | - |
Payment of deferred offering costs | ||||||||
- | - | - | - | - | - | - | - | 187 |
Proceeds from the issuance of common stock in at-the-market offering | ||||||||
- | - | - | - | - | - | - | 0 | 89 |
Net cash provided by financing activities | ||||||||
24,286 | 41,920 | 23,545 | 395 | 25 | 181 | -1,199 | 160,342 | 25,777 |
Net increase (decrease) in cash and cash equivalents | ||||||||
5,358 | 25,335 | 34,422 | -15,664 | -10,083 | -9,421 | -10,121 | 151,420 | 19,772 |
Other supplemental information | ||||||||
Interest paid | ||||||||
518 | - | - | - | - | - | - | - | - |
Supplemental disclosure of non-cash activities: | ||||||||
Lease liability arising from the right of use asset | ||||||||
- | 0 | 4,097 | -129 | 1,187 | - | - | - | - |
Vesting of restricted stock and early exercised options | ||||||||
36 | 37 | 37 | 37 | 38 | 35 | 101 | 16 | 18 |
Conversion of Convertible Promissory Notes payable and accrued interest into redeemable convertible preferred stock | ||||||||
- | - | - | - | - | 0 | 0 | 0 | 14,354 |
Open Market Sale Agreement | ||||||||
Proceeds from the issuance of common stock in at-the-market offering | ||||||||
24,100 | - | - | - | - | - | - | - | - |