| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 |
|---|---|---|---|---|---|---|---|---|
Net (loss) income | ||||||||
- | - | - | - | -32,694 | -27,148 | -11,186 | -7,523 | - |
Cash flows from operating activities: | ||||||||
Net loss | ||||||||
-16,819 | -40,068 | 2,670 | -20,862 | - | - | - | - | -6,781 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||
Change in fair value of warrant liability | ||||||||
27,632 | -9,705 | - | - | - | - | - | - | - |
Financing costs associated with warrants | ||||||||
- | 2,367 | - | - | - | - | - | - | - |
Share-based compensation | ||||||||
6,562 | 3,217 | 2,304 | 2,723 | 4,223 | 4,747 | 1,506 | 511 | 484 |
Fair value of derivative liabilities in excess of proceeds | ||||||||
- | - | - | - | - | - | - | - | -508 |
Gain on adjustment to fair value of derivatives | ||||||||
- | - | - | - | - | - | - | 1,139 | 49 |
Financing costs | ||||||||
- | - | - | - | - | - | - | 406 | - |
Depreciation and amortization | ||||||||
80 | 53 | 85 | 58 | 64 | 50 | 45 | 13 | - |
Changes in operating assets and liabilities: | ||||||||
Depreciation | ||||||||
- | - | - | - | - | - | - | - | 13 |
Prepaid expenses and other current assets | ||||||||
849 | -172 | 927 | 329 | 5 | 41 | 310 | -126 | 170 |
Accounts payable | ||||||||
1,144 | 3,058 | -494 | 216 | -845 | 1,171 | -57 | 266 | -201 |
Accrued liabilities | ||||||||
1,105 | 669 | -1,148 | 337 | 1,188 | 1,770 | -42 | 259 | -4 |
Deferred revenue | ||||||||
6,986 | -208 | 996 | - | - | - | - | - | - |
Amounts due to related party | ||||||||
- | - | - | - | - | - | - | - | -301 |
Net cash used in operating activities | ||||||||
-29,423 | -21,035 | 3,486 | -17,857 | - | - | - | - | -6,501 |
Cash flows from investing activities: | ||||||||
Net cash (used in) provided by operating activities | ||||||||
- | - | - | - | -28,069 | -19,451 | -10,044 | -7,081 | - |
Purchases of property and equipment | ||||||||
217 | - | 51 | 4 | 15 | 50 | 38 | - | 48 |
Purchases of short-term investments | ||||||||
64,655 | 114,233 | 60,123 | 55,238 | 70,077 | 69,997 | - | - | - |
Proceeds from maturity of short-term investments | ||||||||
89,190 | 69,906 | 50,097 | 65,214 | 60,036 | 34,981 | - | - | - |
Net cash (used in) provided by investing activities | ||||||||
24,318 | -44,327 | -10,077 | 9,972 | - | - | - | - | -48 |
Cash flows from financing activities: | ||||||||
Net cash provided by (used in) investing activities | ||||||||
- | - | - | - | -10,056 | -35,066 | -38 | - | - |
Proceeds from exercise of stock options | ||||||||
372 | 329 | - | - | - | - | - | - | - |
Proceeds from exercise of warrants | ||||||||
1,118 | - | - | - | - | - | - | - | - |
Issuance of common stock | ||||||||
220 | 70,151 | 4,212 | - | - | - | - | - | - |
Proceeds from issuance of common stock | ||||||||
- | - | - | - | 43,070 | 32,721 | 39,453 | 9,831 | 711 |
Payment of RSU tax withholdings in exchange for | ||||||||
324 | 267 | - | - | - | - | - | - | - |
Net proceeds from issuance of preferred stock | ||||||||
- | - | - | - | - | - | - | - | 665 |
Financing costs | ||||||||
- | - | - | - | - | - | - | 406 | - |
Net cash provided by financing activities | ||||||||
- | - | - | - | 43,070 | 32,721 | 39,453 | 9,425 | - |
Net cash provided by financing activities | ||||||||
1,386 | 70,213 | 4,212 | - | - | - | - | - | 1,376 |
Net (decrease) increase in cash and cash equivalents | ||||||||
-3,719 | 4,851 | -2,379 | -7,885 | 4,945 | -21,796 | 29,371 | 2,344 | -5,173 |
Supplemental cash flow information: | ||||||||
Income taxes paid | ||||||||
-1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 |
Non-cash financing activities: | ||||||||
Issuance of common stock for purchase of intangible assets | ||||||||
- | - | - | - | - | - | 500 | - | - |