| 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 | ||||||||
-41,886 | -40,128 | -35,724 | -29,475 | -23,014 | -17,621 | 0 | 0 | 0 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||
Depreciation expense | ||||||||
355 | 289 | 229 | 154 | 119 | 89 | 0 | 0 | 0 |
Net amortization of premiums and discounts on investments | ||||||||
315 | 436 | 0 | 0 | 0 | - | - | - | - |
Stock-based compensation expense | ||||||||
2,336 | 1,807 | 1,913 | 1,678 | 1,292 | 1,104 | 0 | 0 | 0 |
Non-cash interest expense | ||||||||
0 | - | - | - | - | - | - | - | - |
Non-cash lease expense | ||||||||
1,199 | 1,168 | 0 | 0 | 0 | - | - | - | - |
Changes in operating assets and liabilities: | ||||||||
Prepaid expenses and other current assets | ||||||||
1,272 | 777 | -104 | 457 | 698 | 150 | 0 | 0 | 0 |
Other assets | ||||||||
- | - | - | -134 | -193 | -249 | 0 | 0 | 0 |
Accounts payable | ||||||||
829 | -527 | 1,384 | 756 | 906 | 35 | 0 | 0 | 0 |
Accrued expenses and other current liabilities | ||||||||
-577 | -247 | -160 | 927 | 538 | 887 | 0 | 0 | 0 |
Deferred revenue | ||||||||
0 | - | - | - | - | - | - | - | - |
Net cash used in operating activities | ||||||||
-38,056 | -38,750 | -31,688 | -25,913 | -20,345 | -15,267 | 0 | 0 | 0 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||
Purchase of investments | ||||||||
- | 58,490 | 0 | 0 | 0 | - | - | - | - |
Maturities of investments | ||||||||
0 | - | - | - | - | - | - | - | - |
Purchase of property and equipment | ||||||||
- | 1,415 | 1,336 | 1,348 | 858 | 614 | 0 | 0 | 0 |
Net cash provided by (used in) investing activities | ||||||||
43,804 | -18,505 | -25,426 | -39,141 | -45,385 | -579 | 0 | 0 | 0 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||
Proceeds from exercise of stock options | ||||||||
0 | - | - | - | - | - | - | - | - |
Net cash provided by financing activities | ||||||||
0 | - | - | - | - | - | - | - | 0 |
Effect on foreign exchange rates on cash and cash equivalents | ||||||||
- | 9 | 5 | 7 | 15 | 17 | 0 | 0 | 0 |
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | ||||||||
15,905 | -47,177 | 25,949 | 7,341 | 6,591 | 56,477 | 0 | 0 | 0 |
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||||||||
Cash paid for interest | ||||||||
0 | - | - | - | - | - | - | - | - |
Cash paid for income taxes | ||||||||
- | 6 | 70 | 84 | 93 | 164 | 0 | 0 | 0 |
Right-of-use assets obtained in exchange for operating lease obligation | ||||||||
- | 1,461 | 0 | 0 | 0 | - | - | - | - |
Property and equipment purchases in accounts payable and accrued expenses | ||||||||
- | - | 0 | 0 | 0 | - | - | - | 0 |