Proteostasis therapeutics, inc. (PTI)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15
Cash flows from operating activities:
Net loss

-59,125

-61,832

-59,432

-

-

Net loss

-

-

-

-37,232

-25,040

Adjustments to reconcile net loss to cash used in operating activities:
Depreciation and amortization

1,414

1,778

1,402

306

272

Premium on short-term investments

-

-

-

184

-

Accretion of short-term investments

958

438

-178

-77

-

Non-cash rent expense

-

-

-

-181

-63

Non-cash interest expense

-

-

-

-

599

Stock-based compensation expense

3,352

3,526

2,965

1,805

472

Stock issued for consulting services

242

889

767

359

-

Change in fair value of derivative liability

-

-22

-66

89

-63

Loss on disposal of property and equipment

-24

-41

-

-

-

Change in fair value of preferred stock warrant liability

-

-

-

-82

-10

Gain on disposal of property and equipment

-

-

-

13

-

Changes in operating assets and liabilities:
Accounts receivable

-

-

-668

-250

-506

Prepaids and other current assets

-1,077

1,104

-2,682

3,871

-190

Other assets

-

-33

-35

-76

-182

Accounts payable

406

-204

67

-289

361

Accrued expenses

1,402

-242

1,481

2,350

498

Deferred revenue

-

-

-1,848

-

-

Deferred revenue

-

-

-

-5,385

2,681

Operating lease liabilities

-1,056

-1,269

-1,294

-

-

Net cash used in operating activities

-53,222

-58,844

-52,395

-

-

Cash flows from investing activities:
Net cash used in operating activities

-

-

-

-41,925

-19,415

Purchases of short-term investments

88,508

111,240

61,220

69,812

-

Proceeds received from maturities of short-term investments

134,582

66,850

83,221

3,000

-

Purchases of property and equipment

9

415

118

229

263

Net cash provided by investing activities

46,065

-44,805

21,883

-

-

Cash flows from financing activities:
Proceeds from issuance of common stock

-

-

-

46,500

-

Proceeds from issuance of common stock

3,504

21,703

-

70,265

-

Proceeds received from sale of property and equipment

-

-

-

13

-

Net cash provided by investing activities

-

-

-

-67,028

-263

Proceeds from issuance of convertible preferred stock, net of issuance costs

-

-

-

-

21,090

Proceeds from exercise of stock options

3

21

31

268

95

Proceeds from issuance of common stock pursuant to employee stock purchase plan

78

55

-

-

-

Proceeds from issuance of convertible promissory notes

-

-

-

-

5,000

Deferred offering costs

230

431

35

3,311

1,456

Net cash provided by financing activities

3,355

101,613

43,279

-

-

Net increase in cash, cash equivalents and restricted cash

-3,802

-2,036

12,767

-

-

Net cash provided by financing activities

-

-

-

113,722

24,729

Net increase in cash and cash equivalents

-

-

-

4,769

5,051

Supplemental disclosure of non-cash investing and financing activities:
Conversion of convertible promissory notes and accrued interest into Series B convertible preferred stock

-

-

-

-

15,798

Conversion of convertible preferred stock into common stock

-

-

-

112,292

-

Issuance of common stock to settle accrued Series A preferred stock dividends

-

-

-

3

-

Issuance of common stock for partial payment of accrued bonus

-

-

-

62

-

Conversion of preferred stock warrants to common stock warrants

-

-

-

28

-

Deferred offering costs included in accounts payable and accrued expenses

-

-

-

-

1,288

At-the-market Common Stock Offering Program Sales Agreement [Member]
Proceeds from issuance of common stock

-

80,265

43,240

-

-

Employee Stock Purchase Plan [Member]
Proceeds from issuance of common stock

-

-

43

-

-

Accounts Payable [Member]
Capital expenditures incurred but not yet paid

24

230

321

-

-

Addition of Operating Lease Right-Of-Use Asset [Member]
Capital expenditures incurred but not yet paid

-

14,962

-

-

-